POTENTIALLY 7.4 % Return - INSPECTION POSTPONED TODAY DUE TO FULL BOOKING OF HOTEL Statement of information is located at https://s3-ap-southeast-2.amazonaws.com/zenu/LISTING_IMAGES/2-1317085/c9lh0dqnk6vadd2ffpee2uc3br5epk02.pdf . Please copy & paste this information into your browser address bar.ALL OFFERS CLOSE 16 JUNE 2019 UNLESS SOLD PRIORTOO GOOD TO BE TRUE :NO BODY CORPNO COUNCIL RATESNO WATER RATESNO PROPERTY MANAGMENT FEESNO LANDLORD INSURANCEAnd obtaining potentially a 7.4% return this luxury apartment located in the premium corner position of the Oaks on Market Street is too good to be true.This 'set and forget' investment properties within the 4.5 Star Oaks on Market Street, has an incredibly secure lease lasting until 2036 and a fabulous current rental return of approx $19.984.08 per annum with up to 5% CPI increases most years.The landlord only pays a mere sinking fund.The apartment itself open plan living /dining area ,separate fully equipped granite kitchenette which 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, 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 & a just a short walk and you will land in all the best of Melbourne's sporting, Crown Complex and Melbournes iconic lane-ways, buzzing bars, fashionable boutiques, top-rated cafs and world-class restaurants, this is location at its ultimate best.