203/182 collins Street, Melbourne, Vic 3000

This light, bright and spacious one bedroom apartment, is leased securely to Quest Serviced Apartments for $1510 per calendar month, with annual CPI rent increases. The lease has 15 years remaining, after which you can occupy the property if you so wish.

In the meantime, what a great investment!
The return is 7.6%, which is substantially higher than interest rates which means that this property is positive geared!

The tenant pays all annual outgoings, including body corporate fees, council rates and water rates.

This apartment features high ceilings, period style windows, secluded privacy, lots of natural light, quality fittings and modern decor. Full kitchen, heating/cooling, central bathroom with shower/bath, huge bedroom with BIRs.

This one will pay itself off for you!

contact Bryce Carroll 0413377982 for further info