907/60 Market Street, Melbourne

ABOUT THE PROPERTY

Bedrooms
1
Bathrooms
1
Car spaces
0
Land size
1026 m2
Building size
35 m2
Council area
Melbourne
Year built
2006
Lot plan
907/PS336605 Melbourne VIC
House type
Unit: Standard



HISTORY

Last sold 16/08/2017
$228,500



LISTING DESCRIPTION
as of August 2017

8% Return "Oaks on Market" $18,692 pa Return, secure hotel tenant with 4 x 5 year options.Investors take note, just in time for the new 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 4 further 5 year lease options and achieving a return $18,692 pa 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.Inspections strictly by appointment please contact James Edmundson on 0411 456 770 to arrange.To view the statement of information visit: http://melbournecity.harcourts.com.au/Home/Buy/statement-of-informationHarcourts Melbourne City suggests that all buyers read the due diligence checklist available on our website:http://melbournecity.harcourts.com.au/Home/Buy/Due-diligence-checklistPlease find a full copy of our privacy policy on our website: http://melbournecity.harcourts.com.au/Home/Contact-Us/Privacy-Policy