Melbourne

Set and forget investment - 4.5-star Oaks

$11,700 a year which is - Price reduced do not miss
around 6% return
Outgoing around $800 a year.

What a great investment opportunity fully furnished CBD Apartment situated within the busy and vibrant 4.5 Star Oaks on Market Building.

With a rental of $11,700 a year which is around 6%+ return this serviced apartment is perfectly suited to buyers looking for a high regular return or to add to their SMSF.

Surrounded by a plethora of pulsating city attractions, and positioned in a quiet Market Street pocket, this fully-serviced studio apartment within the 4.5-star Oaks on Market hotel complex represents a brilliant investment opportunity.

This investment opportunity is optimized by 100% occupancy so there are no late rents, no full owners corp fees, and no rates, and the hotel is responsible for any damage, owners will pay just part of the outgoing, around $800 a year.

This is a set and forgets investment property with a guaranteed income stream for years to come.

Nearby trams enable guests to access all the fantastic local cafes, shops, restaurants, and bars that the CBD has to offer, while other attractions within close proximity include Crown Entertainment Complex, Southbank eateries, Rialto Towers, Docklands precinct, Southern Cross Station, and Flinders Street Station.

Do not hesitate to call me for more information or to arrange a private inspection.