This 'set and forget' investment properties within the 4.5 Star Oaks on Market Street, has an incredibly secure lease lasting until 2036 and a fabulous current return is $11,700 per annum with up to 5% CPI increases most years.
Note: THIS IS FOR THE ASTUTE INVESTOR ONLY - NOT FOR OWNER OCCUPATION!
All outgoings are paid for by the tenant except the sinking fund ($1,500/pa/approx.)
Featuring a good sized/spacious bedroom, large modern bathroom, fully appointed kitchen, with air conditioning and heating throughout and access to the hotels large lap pool and spa, gym and sauna all complete this wonderful package.
Your investment is protected by its superb location, steady returns and a very reputable tenant in Oaks apartment. For the investor this is a straightforward and easy property to have in your portfolio that provides peace of mind and loads of potential.
Property Code: 507
Inspections
No open inspections scheduled.
Send an enquiry
Contact Flo Djaja to learn more about this property, request an inspection or take an online tour.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Nearby sales
Looking to compare sales prices?
We found 50 apartments with 1 bedrooms that just sold near 202/60 Market St Melbourne
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Melbourne suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
29 years
Population
54,941
Listing ID: 182326529. This listing has been viewed 53 times. It was first displayed on 26/02/2024 and last updated on 08/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.