'set and forget' investment

Potentially 5.5 % return<br/>Yielding a potential 5.5 % return this luxury apartment located in the Oaks on Market Street is too good to miss.<br/>Rental income post-Covid is around $17,000 a year.<br/><br/>This 'set and forget' investment property within the 4.5 Star Oaks on Market Street, has an incredibly secure lease lasting until 2036 and a great current rental return of $13,200 per annum.<br/><br/>The apartment itself open plan living /dining area, separate fully equipped granite kitchenette which has sufficient natural light from the floor to ceiling windows. Coming fully furnished with sofas, dining table & matching chairs, coffee table and flat screen TV, well-appointed large bathroom, central heating and cooling, secure building entry, and access to amenities which include a concierge, gym, heated lap pool, sauna, spa, and function room.<br/><br/>There is also a brand-new cafe/restaurant on the ground floor, which has just been upgraded.<br/><br/>And add to all this is that you will have the best Melbourne has to offer all at your doorstep, Flinders and Southern Cross Stations around the corner & a just a short walk and you will land in all the best of Melbourne's sporting, Crown Complex and Melbourne’s iconic lane-ways, buzzing bars, fashionable boutiques, top-rated cafés and world-class restaurants, this is location at its ultimate best