Perfect - set and forget investment around 7%+ ROI

This apartment is for investors only!!
Rental income – Approx. $12,000 a year
INCREASE: Annual CPI (Capped at 5%) each September between Market Reviews
Hotel Pays:
Owners Corporation Admin
Water Rates
Insurance
General maintenance
OWNER PAYS:
Maintenance Fund Fee: $1,108pa
This 'set and forget investment property within the 4.5 Star Oaks on Market Street, Oahs have the option to lease until 2036.

The apartment itself open plan living /dining area, and a separate fully equipped granite kitchenette that has sufficient natural light from the floor-to-ceiling windows. Coming fully furnished with sofas, dining table & matching chairs, coffee table and flat-screen TV, a well-appointed large bathroom, central heating and cooling, secure building entry, and access to amenities which include a concierge, gym, heated lap pool, sauna, spa, and function room.

There is also a brand-new cafe/restaurant on the ground floor, which has just been upgraded.

And add to all this is that you will have the best Melbourne has to offer all at your doorstep, Flinders and Southern Cross Stations around the corner & just a short walk and you will land in all the best of Melbourne's sporting, Crown Complex and Melbourne’s iconic lane-ways, buzzing bars, fashionable boutiques, top-rated cafés, and world-class restaurants, this is located at its ultimate best