1807/480 Collins Street, Melbourne, Vic 3000

Sold: $290,000 (05-29-2015)

1807/480 Collins Street, Melbourne, Vic 3000 3000
SOLD
  • hotel 1
  • hot_tub 1
  • directions_car 0

*** INVESTMENT ONLY, NOT AVAILABLE TO OCCUPY***

Welcome to Oaks on Collins. A fantastic addition to any savvy investor?s portfolio. Securely leased and part of the renowned Oaks hotel group this investment opportunity is the perfect cash cow.

Owners Corp fees and rates paid by the hotel! Currently achieving $24,442.08 per annum (paid directly into your bank account each month)

The prime inner city location, outstanding amenities and quality appointed rooms make it the preferred choice for people visiting Melbourne and for the same reasons it's the smartest choice for people looking for a high and secure return.
Please note: This property is a serviced apartment it can't be owner occupied and so is suitable for investors only (not for first home buyers).

Inspections by private appointment

*** INVESTMENT ONLY, NOT AVAILABLE TO OCCUPY***

Property Code: 381