Sold
+ 2

2013/60 Market Street, Melbourne

SOLD for $198,000

1 Beds 1 Baths

Set and Forget Investment! Returning 7,5% approx. per annum

TOO GOOD TO BE TRUE : NO BODY CORP NO COUNCIL RATES NO WATER RATES NO PROPERTY MANAGEMENT FEES and obtaining potentially a 7.5 % 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 2026 and 5 more years option.

The current rental return is $15,340 per annum with up to 5% CPI increases most years. You only need to pay Sinking Fund $1,900 per annum.

Note: THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION!

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 cafe/restaurant on the ground floor. 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 Melbourne's iconic lane-ways, buzzing bars, fashionable boutiques, top-rated cafe and world-class restaurants, this is location at its ultimate best.

Details

Address 2013/60 Market Street, Melbourne
Price SOLD for $198,000
Property Type Residential
Property ID 545
Category Apartment

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