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*The property is currently leased to the hotel until 2029, with the option to extend for two additional terms of five years each. The annual rent is approximately $22,291, with fixed annual income increase of 3%.
Positioned in the historic 'Clyde House' building, this studio apartment is situated in the 'Paris End' of Collins Street, offering convenient access to ample public transport options, as well as a plethora of shops and dining establishments just moments away. Ideal for savvy investors or first-time buyers, the light-filled layout reveals open-plan living/dining, an immaculate kitchen, large bedroom with BIR and stylish bathroom. Live in or invest in the vibrant heart of Melbourne, with the Regent and Athenaeum theatres at your doorstep and the confidence this apartment is poised for continuous appreciation over time.
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Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist