Solid Lease in Place!... Over 8.5% yield after costs
Apartment Sold - Melbourne VIC
Seize this exceptional investment opportunity with Suite 610 at 480 Collins St, Melbourne. Leased to The Oaks on Collins for $1,777.23 per month until February 2025 with further 1 year options to March 2028, this property guarantees a steady income stream in a prime CBD location. Situated within Melbourne’s legal district, the suite benefits from unparalleled access to the city’s business and lifestyle amenities. With an open-plan layout and top-notch facilities, this property is a perfect blend of convenience and modern comfort, making it an ideal choice for savvy investors.
Property Highlights:
* Leased to The Oaks on Collins: Generates $1,777.23 per month, ensuring a reliable revenue stream.
* Open Plan Layout: Versatile space with a kitchen and living area leading to a balcony, perfect for professional use.
* Central CBD Location: Situated in the heart of Melbourne’s legal district, providing easy access to everything the city has to offer.
* Premium Facilities: Access to on-site gym, pool, and restaurant enhances the appeal for tenants.
* Modern Amenities: Features heating and cooling, stainless steel appliances, and a sparkling bathroom.
* Secure and Well-Maintained: Includes storage area and communal facilities, ensuring a comfortable and professional environment.
Don’t miss out on this lucrative investment. Contact us today to learn more and arrange an inspection.
Property Features
- Apartment
- 1 bed
- 1 bath
- Floor Area is 30 m²
- Area Views
- Close to Schools
- Close to Shops
- Close to Transport
- Lift Installed
