812/480 Collins Street, Melbourne, Vic 3000

This is the investment opportunity you have been waiting for. With exceptional net returns and a long term lease this is the perfect set and forget investment opportunity.

Investors take note of this fantastic opportunity with a $18,441 yearly return and 3% annual increases

All properties sold in the Oaks building by Nick Richards from Greg Hocking have the following benefits

• You do not pay for any owners corporation admin and maintenance fees
• You do not pay for any council rates, water rates
• No need for a real estate agent or property manager
• Stable returns with yearly 3% increases
• You do not pay any usage charges for electricity or water
• No late payments on rent ? payed monthly on time
• No GST on the purchase price
• 100% occupancy with a long term lease (2025)
• You do not pay for any damage
• Monthly and yearly statements sent directly to you

Frustrated with your current funds return then this could be the opportunity for you. Perfect for self managed super funds or as a stable income stream for years to come.

This is a larger than average studio style apartment that includes a balcony, quiet surrounds and all modern appliances. Recently refurbished and with a fully functional kitchen, large bathroom and air-conditioning.

This one will sell quickly so get in touch with Nick today on 0404 099 310.