Offering returns 2-3 times what you would normally expect from a residential property at this level, this well located studio apartment is located near the corner of Market Street and Collins Street in Melbourne CBD.
Ideal passive investment that will keep the returns coming in for years to come without the worries of multiple tenants and periods of unexpected vacancy.
Securely leased to the Oaks Hotel on a long term lease with options the property is fully maintained and worry free.
The current rent return is just over $20,000 per annum with fixed increases every two years.
Other benefits include some free and reduced hotel accommodation. 翻译中文