615/480 Collins Street, Melbourne, Vic 3000

Sold: $255,000 (02-11-2016)

615/480 Collins Street, Melbourne, Vic 3000 3000
SOLD
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Solid returns, recently refurbished and a brilliant location ensure this studio apartment makes for a smart investment in the absolute heart of bustling Collins Street. Expertly managed by Oaks On Collins, the stylish fit-out extends to leather furniture, modern appliances and quality bedding, and is complemented by full use of the complex recreational facilities. Surrounded by Melbourne?s premier legal and financial institutions, it presents an immensely appealing accommodation option for both business and pleasure travellers for its proximity to thriving retail hubs, world-class cuisine, the Southbank district by the Yarra River, Crown Casino entertainment and an array of public transport. A suave city pad set to boost your portfolio, this is definitely worth a close look.

- Guaranteed rental income of $17,240 per annum,
- Outgoings of $822 per annum
- Floor to ceiling windows
- Term option from October 25 for 5 years until 2020, 3% rental increase per year
- Bright living & sleeping areas step out to balcony, leather-bound couch
- Wrap-around balcony
- Caesar - stone kitchenette with oven and electric cook-top
- Reverse-cycle heating/cooling and use of the building gym, pool and sauna

Make this one part of your super fund or invest for the future.
Contact Irina Baklien 0406 317 181 for an inspection.