Property ID 11424
Blue Chip Investment without the Hassles!Located on the twelfth floor within the 'Oaks on Collins' building this outstanding fully serviced studio apartment with everything at your doorstep should not be overlooked. Oaks on Collins is conveniently located in the heart of the CBD and provides the perfect place to work, rest and play.
Oaks on Collins is within a short drive from Melbourne Airport and within walking distance to Southern Cross Station, boutique range of shopping and dining hot spots, Regent Theatre and ACME Theatre at Federation Square, as well as prominent tourist attractions including the Melbourne Aquarium, Yarra River, Melbourne Stock Exchange, Crown Casino and the Southbank entertainment precinct. Etihad Stadium, Docklands and the Melbourne Cricket Ground (MCG) are also within reach.
The well laid out suite presents an outstanding opportunity for investors seeking a secure income return in a low risk environment. The current lease has a further term with annual 3% increase. Currently returning $15,121.00 per annum. Superior appointments include designer ensuite bathroom, stylish kitchen zone housing Caesar stone benchtop, integrated microwave and refrigerator, one-drawer Fisher & Paykel dishwasher, quality stovetop/oven, reverse cycle split system and glass splashback.
The perfect investment decision that has a secure tenant in a blue chip location with a secure return on your outlay. An opportunity like this is not to be missed. To arrange your private inspection please contact Aldo Verga from Stockdale and Leggo Reservoir.