CBD investment opportunities don’t get any more tantalising than this bright, modern, and expansive studio apartment in the 4.5 star ‘Oaks on Market’ hotel complex, which enjoys a fantastic location in one of the city’s more quiet positions.
With an attractive rental return of $19113.72 and a yield of 6.71%, as well as having a secure lease until 2036, this apartment can’t be ignored by savvy investors looking for a brilliant ‘set and forget’ property, or for those with a self-managed super fund.
North-facing and with outstanding city views, this fully-furnished pad is much larger than the usual apartments in this complex, offering up generous central living with enough space for designated lounge and sleeping quarters. Other major highlights include a granite kitchenette with Fisher and Paykel induction cooktop and refrigerator, sleek bathroom, flat screen TV, great built-in robe storage, ducted heating and cooling, and access to building amenities which include a concierge, gymnasium, heated lap pool, sauna, spa, and three function rooms. The ground floor has also been recently refurbished with a swanky new bar, restaurant, and lobby.
Trams nearby will take you anywhere you want to go, while you’re also just moments to the world-class Crown Entertainment Complex with restaurants and entertainment, Southbank Promenade cafes and bars, Rialto Towers, Docklands precinct, amazing CBD shopping, Southern Cross Station, and Flinders Street Station.