Incredible Investment Opportunity!

1 bedroom
1 bathroom
Sold $282,500

Be quick to snap up this superb investment opportunity!
With Owners Corp Fees and Rates paid by the hotel this hassle free investment won't last long!
The apartment is currently achieving a very healthy NET return of $20,595 per annum ($1,716.25 pcm) and has a scheduled increase of approx. 5.75% for this September.
The apartment is on a long lease to a secure tenant and is situated in the heart of Melbourne CBD. Apartment 1504 is in immaculate condition and has stunning river views. The Oaks on Market offer quality appointed rooms, beautiful amenities, superb management and are only minutes' walk to the Yarra River, Bourke Street shopping centers and Melbourne's most popular restaurants and theaters. No wonder the Oaks is such a popular place to stay! All of these features only add to the appeal for a savvy investor.
Do not hesitate to call me for more information or to arrange a private inspection.
Please note: This property is a serviced apartment it can't be owner occupied and so is suitable for investors only (not for first home buyers). By private inspection only.

Please note: *** INVESTMENT ONLY, NOT AVAILABLE TO OCCUPY***

Harcourts City Residential, your preferred Estate Agents, specialise in apartment sales & leasing, for in-depth information on Melbourne apartments and further information on the property you are viewing visit:

Information on outgoings: cityresidential.harcourts.com.au/Home/Buy/Outgoing-Summaries
our blog: harcourtscityresidential.wordpress.com
website: cityresidential.harcourts.com.au


Before you buy a home, you should be aware of a range of issues that may affect that property and impose restrictions or obligations on you, if you buy it. Harcourts City Residential suggests that all buyers read the due diligence checklist available on our website:
cityresidential.harcourts.com.au/Home/Buy/Due-diligence-checklist


Harcourts City Residential is committed to maintaining the protection of the personal information it collects during the course of its business, as it is obliged to do under state and federal legislation. Please find a full copy of our privacy policy on our website: cityresidential.harcourts.com.au/Home/Contact-Us/Privacy-Policy


Amenities

Docklands Primary School
Primary School
K-6
University High School
Secondary School
7-12
Based on our available information, this property falls within the listed government school intake zones.
Eltham College - Lonsdale Street Campus
Combined
Pri+Sec
Haileybury College - City Girls
Combined
Pri+Sec
Haileybury College - City Boys
Combined
Pri+Sec
Melbourne Girls Grammar - Morris Hall Campus
Combined
Pri+Sec
Melbourne Grammar School
Combined
Pri+Sec
Melbourne Grammar School - Wadhurst Campus
Combined
Pri+Sec
Sacred Heart School
Primary
Pri
Galilee Regional Catholic Primary School
Primary
Pri
St Joseph's School
Primary
Pri
Simonds Catholic College
Secondary
Sec
Holmes Grammar School
Secondary
Sec
Academy of Mary Immaculate
Secondary
Sec
Stott's Colleges
Secondary
Sec
Youth2Industry College
Secondary
Sec
Ozford College
Secondary
Sec
SEDA College (Victoria) - Sailing - Albert Park
Secondary
Sec
Ozford College - Ozford College Campus
Secondary
Sec
SEDA College (Victoria) - The Huddle, North Melbourne Football Club
Secondary
Sec
SEDA College (Victoria) - MSAC Function Room
Secondary
Sec
River Nile School
Special
Special
Saints College - BlendED Campus
Special
Special
Hester Hornbrook Academy
Special
Special
Hester Hornbrook Academy - South Melbourne
Special
Special
Saints College - North Melbourne Campus
Special
Special
Only non-government schools within a 3km radius of this property are listed. Source: Acara Australian Schools List
Regional Trainses
621
NSW Trainlink Train
621
622
NSW Trainlink Train
622
623
NSW Trainlink Train
623
624
NSW Trainlink Train
624
Selected routes with a boarding point within approximately 1km of this property are listed. Source: TfNSW Timetables

Location Map

Agents

Property Features

  • Intercom
  • Highrise
  • Unit style: Hotel / strata
  • Property Type: Apartment
  • Property condition: Excellent

This property was sold by

Dionne Wilson
Director
Dionne Wilson
Director
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