Sold for $182,500
208/60 Market Street
set and forgets investment
4.5-star Oaks
$11,700 a year which is around 6% return
Outgoing around $800 a year.
What a great investment opportunity fully furnished CBD Apartment situated within the busy and vibrant 4.5 Star Oaks on Market Building.
With a rental of $11,700 a year which is around 6% return this serviced apartment is perfectly suited to buyers looking for a high regular return or to add to their SMSF.
Surrounded by a plethora of pulsating city attractions, and positioned in a quiet Market Street pocket, this fully-serviced studio apartment within the 4.5-star Oaks on Market hotel complex represents a brilliant investment opportunity.
This investment opportunity is optimized by 100% occupancy so there's no late rents, no owners corp fees, no rates and the hotel is responsible for any damage.
This is a set and forgets investment property with a guaranteed income stream for years to come.
Nearby trams enable guests to access all the fantastic local cafes, shops, restaurants, and bars that the CBD has to offer, while other attractions within close proximity include Crown Entertainment Complex, Southbank eateries, Rialto Towers, Docklands precinct, Southern Cross Station, and Flinders Street Station.
Do not hesitate to call me for more information or to arrange a private inspection.
Property ID
1814787
Property Type
Apartment
Status
Sold
Ofer Rotkopf
Sales Executive/Licensed Estate Agent
orotkopf@paganrealestate.com.au
0413 605 382
Denis Pagan
Licensed Estate Agent/Director
dpagan@paganrealestate.com.au
0408 313 642