Securely leased until 2016 with four further options of 5 years and achieving a return of $1,289.66 per month, with yearly rent reviews built into the lease and outgoings paid by the tenant, this property is extremely good value for money.

The location of this generously proportioned property is unrivaled. In a prime city locale just off Collins Street, you have trains, trams and buses literally at your door step and the renowned shopping precinct that Melbourne's Collins Street has to offer.

This property forms part of the Oaks on Market Hotels, a 25-storey building completed in approximately 2006 with a restaurant and conference room on the first floor and pool, gymnasium, spa and sauna facilities as well as secure parking provided for guests, you will not find a better investment in Melbourne!