1720/480 Collins Street, Melbourne VIC 3000

For Sale

1 beds

1 baths

Fantastic Investment Returning $20,000 Annum approx

This apartment is commonly rented, as people often prefer a balcony to the Collins St view.
The balcony looks out directly over a lane way which involves you in the city life.
New Refurbished Service Apartment - Dishwasher Oven Hot Plate, Range hood, Microwave, fridge freezer, Wardrobe, Desk, Dining table, full kitted out kitchen with utensils, large windows double doors opening onto the balcony, light and airy, very comfortable queen bed, with ensuite, lounge suite, with TV, with Foxtel, Fantastic position, as close walking to southgate, to Block Arcade and all city shops, Between Spencer St and Flinders St. Only two blocks from Spencer st. Close to Exhibition Building Jeff’s Shed,
Guaranteed rental income of $20,000 per annum,
- Outgoings of $1020 per annum
- Floor to ceiling windows
- Term option from October 25 for 5 years until 2020, 3% rental increase per year
- Bright living & sleeping areas step out to balcony, leather-bound couch
- Wrap-around balcony
- Caesar - stone kitchenette with oven and electric cook-top
- Reverse-cycle heating/cooling and use of the building gym, pool and sauna

Make this one part of your super fund or invest for the future.
Contact Irina Baklien 0406 317 181 for an inspection.

Property Details

• Type: Apartment
• Bedrooms: 1
• Bathrooms: 1
• Toilets: 1

Features