outstanding return for years to come

This investment opportunity is suited to smart investors looking for a high return around 7.07%. With a long term lease in place until 2025 this is the perfect set and forget opportunity you have been waiting for. With a $19,088 yearly return paid in 12 monthly payments this is perfect for SMSF or savvy investors looking for an investment property that provides 100% occupancy. Best of all you don't even need to pay owners corporation fees, council or water rates. All this together with 3% rental increases per year make this the investment opportunity of the year.

• You do not pay for any owners corporation admin fees
• You do not pay for any council rates, water rates
• You do not pay any usage charges for electricity or water
• No late payments on rent - payed monthly on time
• No GST on the purchase price
• 100% occupancy with a long term lease (2025)
• Monthly and yearly statements sent directly to you
• No need for a real estate agent or property manager
• Stable returns with yearly 3% increases

This property has views across Collins St over looking the beautiful Rialto building. Inside the fully appointed and recently refurbished studio includes stone benches, air-conditioning, robes, and a fully equipped kitchen. This immaculate apartment is located on the Collins st side of the building and has all the smart traveler could need. Take the opportunity to purchase into one of Australia's leading Hotel chains and capitalize on this sound investment. Take the time to inspect or ask for a copy of the contract. Call Nick on 0404 099 310

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Features

airconditioning
Built-In Wardrobes
Close to Schools
Close to Shops
Close to Transport

Agent Details

Nick Richards

Director

P. 03 9741 9666

M. 0404 099 310

Make an Enquiry