8.25% Return Oaks on Market $13,944 pa Return, Best offer over $169,000, secure hotel tenant till 2016 with 4 x 5 year options.Investors take note, just in time for the end of financial year this stunning opportunity represents the best return offered in this building bar none.Located in a prime city locale just off Collins Street, with trains, trams and buses and Melbourne's cafe culture at the doorstep.Securely leased with 5 further 5 year lease options and achieving a return $13,994 raising to $14,642 in 2016 and outgoings paid by the tenant.This property forms part of the Oaks on Market Hotels, a 25-storey building completed in approximately 2006 with a conference room on the first floor and pool and gymnasium facilities provided for guests.Due to hotel booking Inspections strictly at appointed time please contact James Edmundson on 0411 456 770 to discussPhotos are from similar apartment in the building provided for indicative purposes only Please note enquiries without phone numbers will not be responded to.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 http://cityresidential.harcourts.com.au/Home/Buy/Outgoing-Summaries/26684our blog http://harcourtscityresidential.wordpress.com/website www.cityresidential.harcourts.com.au