1003/480 Collins Street, Melbourne VIC 3000

UNDER OFFER

1 beds

1 baths

Studio apartment in a prime location offering excellent investment returns.

Discover an exceptional investment opportunity in the heart of Melbourne's CBD, surrounded by some of the city's finest architecture. This recently refurbished studio apartment offers a well-presented, light-filled space featuring a spacious living area, stone-topped kitchen bench, induction cooktop, built-in desk, and a stylish bathroom.

Currently leased as a serviced apartment with Oaks on Collins, it provides a hassle-free, set-and-forget investment with a rental income of $1,858 approx. per month ($22,229 per annum), with 4% annual increase until 2028. The flexible lease allows for termination, offering vacant possession after a 90-day notice period, making it adaptable to your investment or personal needs.

The building includes a range of amenities such as a gymnasium, sauna, conference center, business center, boardroom, and a convenient food court on the ground floor, enhancing the lifestyle appeal of this property.

Thoughtfully designed to maximize space and natural light, the apartment creates a warm and inviting atmosphere, ideal for those who value the convenience of city living. With numerous cafes, restaurants, shopping centers, and entertainment options right at your doorstep, this property offers the perfect blend of comfort and location.

Whether you're looking for a solid investment or your own urban sanctuary, this property delivers excellent value for money. Don't miss the opportunity to own a piece of Melbourne's vibrant city lifestyle.

Take a 3D tour or contact Jennifer Ward on 0400 562 644 to arrange an inspection today.

Property Details

• Type: Apartment
• Bedrooms: 1
• Bathrooms: 1
• Building Area: 30 m² (approx)
• Tenancy: Vacant

Features

• Broadband
• Dishwasher
• Gym
• Reverse Cycle Air Con

• Other features: Pay TV Access