2007/60 Market Street, Melbourne

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
1
Land size
-
Building size
-
Council area
Melbourne
Year built
2000
Lot plan
2007/PS336605 Melbourne VIC
House type
Unit: Standard



HISTORY

Last sold 23/09/2014
$283,000



LISTING DESCRIPTION
as of September 2014

Want an investment with no surprises ? What an great investment opportunity. situated within the busy and vibrant Oaks on Market st Building . this serviced apartment is perfectly suited to buyers looking for a high return or to add to their SMSF. This is a secure investment with a long term lease. If you are looking for a set and forget opportunity and no hassles from un-reliable tenants and property managers than this is the CBD property investment for you. - Great return of $21,898,11 pa - 7.2 % net return - secure lease 5 x 3 terms ending in 2025 - reliable and established hotel chain - payments to your account every month - you don't pay owners corp, council or water rates. - 3 % CPI increase - Perfect for retirees or SMSF - Oaks benefits for owners - Perfect CBD location - Zoned CCZ2 ( can live in after lease ) - Clean and tidy studio in immaculate condition