1319/480 Collins Sreet, Melbourne, Vic 3000

Sit back, relax and reap the financial rewards of this classy studio apartment within the Oaks On Collins complex. The perfect addition to your burgeoning property portfolio, it offers great returns, flexible lease and comfort in the knowledge that your investment is being professionally managed and taken care of by a renowned group specialising in quality serviced apartments. Recently refurbished with an eye for executive-style sophistication, the refined interiors are complemented by its brilliant location in the heart of Melbourne?s business district, where the cosmopolitan delights of laneway shopping, fine dining, public transport and nightlife in the immediate vicinity equates to fantastic potential capital growth.

Apartment features:
- Smartly appointed with quality fittings, bedding and furnishings throughout
- Kitchenette with black granite bench, electric cooktop & integrated dishwasher
- Frosted-glass wall slides back to reveal a neat ensuite bathroom
- Reverse-cycle heating and cooling, secure lift access

Other information:
• Gross rental of $16,005 per annum
• Long term lease till 2020 with another 5 year option
• Stable returns with yearly 3% increases
• You do not pay for any owners? corporation admin and maintenance fees
• You do not pay for any council rates, water rates
• You do not pay any usage charges for electricity or water
• No late payments on rent ? payed monthly on time
• No GST on the purchase price
• 100% occupancy
• You do not pay for any damage
• Monthly and yearly statements sent directly to your email
• No need for a real estate agent or property manager

Call Nick now for a copy of the contract and an inspection of this property and the building - 0404099310