This set and forget investment property within the 4.5 star Oaks Hotel on Market Street, has an incredibly secure lease lasting until 2036 and a fabulous current rental return of approximately $17,084 per annum. This investment opportunity is optimized by a very high occupancy rate so there is no late rent, no Owners Corporation fees, no Rates and the hotel is responsible for any damages and no agent fee. Flinders and Southern Cross Stations are around the corner and the Melbourne CBD a short distance away.
Basically, this is an attractive investment property with a guaranteed income stream for years to come.
We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers/lessees are advised to carry out their own investigations.