1703/480 Collins Street, Melbourne, Vic 3000

Prestigious Collins Street has never looked so good, with this entry level set and forget investment offering providing secure 7.45% (9.39% 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 skyline
•	Collins Street aspect with plenty of sky from huge windows
•	Fully refurbished with timber finish floors and stone-topped kitchen
•	Plenty of clever storage and built-in desk
•	Modern ensuite bathroom with walk in shower
•	Complete with high quality and as-new furnishings
•	Currently leased to Oaks on Collins returning an attractive 7% nett 
•	Option to terminate the lease with 90 day notice and move in
•	Moments to free tram zone, Sky Bus, and trains
•	Access 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.