This stunning serviced apartment at the Oaks-on-Collins is perfectly located in the heart of the CBD and opposite the famous Rialto Towers – soon to be Hotel Intercontinental, offers everything the astute investor could possibly want. Featuring a welcoming secure entrance, modern kitchen with stainless steel appliances, ample cupboard space & dishwasher, meals area, open plan living boasting loads of natural light from the cathedral windows, generous bedroom with sheer wrap-around curtain & beautiful bathroom. This New York style studio spans over 35sqm, has access to swimming pool & gymnasium and is the ideal investment property for the first time owner or seasoned investor. With the tram on your doorstep and cafes & restaurants in complete walking distance city living is definitely the way to go. This apartment is securely leased on a 5 year lease term to the Oaks Hotel until October 2010 with a rental increase occurring at the end of each lease term. So, why not experience high rental returns without all the headaches!!!