504/480 Collins Street, Melbourne, Vic 3000

Sold: $205,000 (06-19-2014)

504/480 Collins Street, Melbourne, Vic 3000 3000
SOLD
  • hotel 1
  • hot_tub 1
  • directions_car 0

Does a 7.5% net return sound good.... Of course it does, this one's priced to sell and is offering some of the best returns I've ever seen.
INVESTORS ONLY..... Be quick as I only have 1.
Very long lease to a secure tenant, with 3%pa rent increase with the only outgoings you pay is the Sinking Fund, all other outgoings are paid by the tenant.
The prime inner city location, outstanding amenities and quality appointed rooms make it a first choice for people visiting Melbourne and for the same reasons it's the intelligent choice for people looking for a high yet 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

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