SaleMelbourne VIC 3000Apartment1703/480 Collins Street
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Rhiannon East
+ 61 0417318213
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For sale

Apartment2mo

$290,000

1703/480 Collins Street, Melbourne, VIC, 3000, Australia

1Bedrooms
1Bathrooms
28 m²Floor size
Map of the surrounding area
Nearest stations
Station
Southern Cross
499M (6 mins)
Flagstaff
665M (8 mins)
Station
Flinders Street
772M (10 mins)

Property Features

  • Floorboards
  • Built-in Robes
  • Air Conditioning

About this Property

Prestigious Collins Street has never looked so good, with this entry level set and forget investment offering providing secure 7% 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 - $2,151 per calendar month - current rent

Outgoings for 2023 financial year (approx):
COUNCIL - $710.78
WATER - $989.96
OC FEES - $3,636.08


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.

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Rhiannon East

start icon4.9(141 reviews)
Harcourts Melbourne City
+ 61 0417318213
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More Details on 1703/480 Collins Street, Melbourne VIC

How many bedrooms and bathrooms does 1703/480 Collins Street, Melbourne have?

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1703/480 Collins Street, Melbourne is a 1 bedroom, 1 bathroom apartment.

Who is the agency that listed 1703/480 Collins Street, Melbourne?

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The agency who listed 1703/480 Collins Street, Melbourne is Harcourts Melbourne City - you can contact the agents here.

How many car spots does 1703/480 Collins Street, Melbourne have?

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1703/480 Collins Street, Melbourne is a 0 car spot home.

How much is 1703/480 Collins Street, Melbourne?

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The price of 1703/480 Collins Street, Melbourne is $290,000 - contact the agents to find out more.