117a/480 Collins Street, Melbourne, Vic 3000

Presenting high-yield Unit 117A on Level 1, 480 Collins Street, in Melbourne's premier legal and financial precinct. Currently leased at $17,000 p.a. + GST + outgoings to a long-standing hotel operator, with 5-year renewal options in place and 3% increases year on year. This tenancy offers strong upside-tenant requires office space and is highly likely to renew. The well-positioned suite benefits from consistent income and exceptional CBD demand. Located in the iconic Collins Street Tower, tenants enjoy access to gym, boardrooms, concierge, secure parking, and abundant dining and transport amenities nearby.

Features Include:

* Leased investment at $17,000 p.a. + GST + outgoings
* 5-year lease term plus renewal options
* 3% increases year on year
* Tenant is established hotel operator with office requirement
* Located in Collins Street Tower, Melbourne CBD
* Access to gym, boardrooms, concierge, secure parking for fee
* Situated near Southern Cross & Flinders St stations, tram links

Contact us to secure this stable high-yield investment or arrange a private inspection today.