A secure long term investment opportunity within the popular and superbly positioned 'Oaks on Collins' hotel complex. Returning $14,126.22 approx. per year with the current lease expiring in October 2020 and 3% increases per annum.
This generous studio style apartment comprises open plan living with reverse cycle heating and cooling, modern well appointed kitchen with oven and cooktop, through to bedroom area and stylish bathroom. Access to facilities including gym, swimming pool and sauna.
Located in a fabulous CBD position with tram stops just outside, restaurants, shopping, entertainment and all the best that Melbourne has to offer within easy access