Collins Street Prestige – 7.6% Nett Yield (9.6% Gross)*

1 bedroom
1 bathroom
28m² approx floor area
For Sale $269,000

Prestigious Collins Street has never looked so good, with this entry level set and forget investment offering providing secure 7.6% (9.6% gross!!!)* nett yield with guaranteed 4% annual rental increase, or option to owner occupy as a pied-a-terre!

Stunning views from the 17th floor across heritage buildings and city skylineCollins Street aspect with plenty of sky from huge windowsFully refurbished with timber finish floors and stone-topped kitchenPlenty of clever storage and built-in deskModern ensuite bathroom with walk in showerComplete with high quality and as-new furnishingsCurrently leased to Oaks on Collins returning an attractive 7% nett Option to terminate the lease with 90 day notice and move inMoments to free tram zone, Sky Bus, and trainsAccess to health facilities including fully equipped gymnasium and sauna
RENTAL INCOME - $25,812.24 per annum

Outgoings for 2023 financial year (approx):
COUNCIL - $710.78
WATER - $989.96
OC FEES - $3,636.08
Approximate
With a location on arguably the best street in the city, this lock up and leave option is fully self-contained and offers a versatile entry into Melbourne’s iconic lifestyle.

Harcourts Melbourne City, Estate Agents, specialising in sales & leasing of Warehouse, Heritage, Unique – WHU properties in Melbourne’s inner city. For information on inner city property for sale or rent or for expert real estate advice visit: melbourneharcourts.com.au or phone us on 03 9664 8100 Whilst every care is taken to ensure accuracy of the sizes, plans & information contained herein no guarantees or warranties are given. Clients are required to make their own investigations, carefully check the formal legal documentation & seek independent professional legal advice.


Amenities

Docklands Primary School
Primary School
K-6
University High School
Secondary School
7-12
Based on our available information, this property falls within the listed government school intake zones. Source: School intake zones for NSW government schools
Melbourne Grammar School
Combined
K-12
Galilee Regional Catholic Primary School
Primary
K-6
Sacred Heart School
Primary
K-6
St Michael's Primary School
Primary
K-6
Ozford College
Secondary
7-12
Simonds Catholic College
Secondary
7-12
Academy of Mary Immaculate
Secondary
7-12
Youth2Industry College
Secondary
7-12
Hester Hornbrook Academy
Special
Special
River Nile School
Special
Special
St Joseph's Flexible Learning Centre
Special
Special
Only non-government schools within a 3km radius of this property are listed. Source: Acara Australian Schools List
Regional Trainses
621
NSW Trainlink Train
621
622
NSW Trainlink Train
622
623
NSW Trainlink Train
623
624
NSW Trainlink Train
624
Selected routes with a boarding point within approximately 1km of this property are listed. Source: TfNSW Timetables

Location Map

Inspection times

Please contact our agents to arrange a viewing.

Agents

Rhiannon East
Rhiannon East Licenced Estate Agent
Mackenzie Paterson
Mackenzie Paterson Sales Assistant to Dionne Wilson
Statement of Information

Property Information

  • Floor area approx 28sqm

Property Features

  • Air Conditioning
  • Built In Wardrobes
  • Floorboards

For more information, contact us today.

Rhiannon East
Licenced Estate Agent
Mackenzie Paterson
Sales Assistant to Dionne Wilson
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