719/480 Collins Street, Melbourne, Vic 3000

Sold: $145,000 (07-24-2013)

719/480 Collins Street, Melbourne, Vic 3000 3000
SOLD
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Leased to the Oaks, situated on the 7th floor, this is a modern studio apartment comes with bedroom, bathroom, and open plan kitchen and lounge area.

The building has an impressive pool, gym and sauna, and within easy walking distance to myriad CBD attractions - from restaurants, theatres and shopping hubs to vibrant laneways and hidden bars - it offers welcome respite, relaxation and a recharge from the bustling street below.

With Oaks offering an excellent rental of $206 per week this top quality investment property is priced to sell. Currently leased with further options thereafter. Immaculately presented and also with the majority of outgoings paid for by the Oaks this is a worthy addition to your property portfolio.

Current rent: Approx $10,752 per annum
(With annual 3% increases between market reviews)

Options: 2 x 5 year options

Owner: Sinking fund
Tenant: Body corporate Fees, insurance, general maintenance, water usage and refurbishment costs.

For further enquires, please call the agent.
Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent. Prospective purchasers are advised to carry out their own investigations.