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1817/480 Collins Street Melbourne, VIC 3000

Sold for $211,000 on 11 Aug 2023Floorplan
  • 1 Bed
  • 1 Bath
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1817/480 Collins Street, Melbourne, VIC 3000

Apartment in Melbourne

Exciting high yield investment opportunity in the CBD

  • 1 Bed
  • 1 Bath

Investors, seize the chance to secure outstanding financial returns and enjoy the luxury of personal use with this immaculate 18th-floor studio apartment in the heart of Melbourne's CBD on prestigious Collins Street. Known for its vibrant local restaurants, bars, and luxury retail stores, this prime location offers unparalleled convenience and lifestyle benefits.

Maximise your investment potential by partnering with one of Australia's largest hotel chains, ensuring your property is well-maintained and providing you with a fixed rental income. Rest assured, the rental income is guaranteed to rise every 12 months over the next 5 years, offering a secure and profitable investment opportunity.

The apartment boasts a modern kitchenette with sleek stone bench-tops, electric cooker, oven, and dishwasher. Despite its studio layout, the living area is ample as well as a large ensuite. Expansive floor-to-ceiling windows illuminate the space, creating a bright and inviting atmosphere.

As an added bonus, the property is nestled within the esteemed 4-star hotel, Oaks on Collins, granting you access to premium amenities such as an outdoor pool, sauna, and gym, making your stay truly enjoyable.

  • 900m to Flinders Street Station
  • 1km to Emporium Shopping Centre
  • 1km to Marvel Stadium

This property is now surplus to requirements and the sellers are looking to offload this asset that has treated them well in the 15 years they have owned it.

Call Taylor Sims on 0403 485 210 today!

Bedrooms:

1

Bathrooms:

1