607/140 Little Collins Street, Melbourne

This property is a unit located on a lot in Melbourne VIC. It has an estimated value of $430,000. Built in 1950, with 2 bedrooms and 1 bathroom.

ABOUT THE PROPERTY

Bedrooms
2
Bathrooms
1
Car spaces
0
Land size
-
Building size
61 m2
Council area
Melbourne
Year built
1950
Lot plan
Melbourne VIC
House type
Unit: Standard



HISTORY




LISTING DESCRIPTION
as of June 2016

140 Little Collins investment In the enviable Little Collins Street location, this two bedroom, 4-star Quest apartment is a low maintenance investment allowing the astute buyer to sit back, relax, and reap the rewards.- Secured lease until 1/7/17, but has another 2 more terms until 2027. After that you can move in.- Direct equal monthly payments of approx. $2,019- Guaranteed income- 4% CPI increase each year- All furnishings included- Approx. 6.4% rental yield - GrossThis is the ultimate in set and forget investment, an opportunity too good to miss.Note: Inspection by appointment only when property not being occupied by hotel.