Long term lease to Oaks Hotel with a 7% return! This investment opportunity is ideally suited to smart investors looking for a high return and a long term lease in place until 2025. This is the perfect set and forget opportunity you have been waiting for with a $17,325 yearly return. This is perfect for SMSF or savvy investors looking for an investment property that provides 100% occupancy. Best of all you don't even need to pay owners corporation admin fees, council or water rates. All this together with 3% rental increases per year make this the investment opportunity of the year. • You do not pay for any owners corporation admin fees • You do not pay for any council rates, water rates • You do not pay any usage charges for electricity or water • No late payments on rent - payed monthly on time • No GST on the purchase price • 100% occupancy with a long term lease (2025) • You do not pay for any damage • Monthly and yearly statements sent directly to you • No need for a real estate agent or property manager • Stable returns with yearly 3% increases This apartment has is located in the Blue chip area of Collins St. Inside the fully appointed studio includes stone benches, air-conditioning, robes, and a fully equipped kitchen. Take the opportunity to purchase into one of Australia's leading Hotel chains and capitalise on this sound investment. Take the time to inspect or ask for a copy of the contract. Call Nick on 0404 099 310