An impressive investment opportunity awaits you in Melbourne. The State of the art apartments in Oaks on Lonsdale, all suites are now selling and creating a storm of interest.
Not often, luxury, managed accommodation in the centre of Melbourne becomes available at such affordable prices, with a 6 percent nett* nett* rental return, fixed for five years. *Conditions apply. Doesnt include owners corporation levies, building insurance & capital costs.
23-33 Lonsdale Street, known as Oaks on Lonsdale is leased and managed by the expanding accommodation management group, Oaks Hotels & Resorts, who has defied Australia's economic and tourism downturn, reporting a 67% hike in first quarter EBITDA for 2008 over the previous corresponding period. The group is one of Australias largest and fastest growing Australian-owned hotel and resort operators and specialise in the management of four to five star strata titled apartments. Offering further peace of mind is that the average occupancy rates at the hotel during the first quarter of FY 2009 was more than 90%.
Oaks on Lonsdale, all suites is one of Melbournes best-placed locations, offering easy access to entertainment, recreation, culture and commerce. Oaks on Lonsdale apartments offer accommodation which is the ideal central base, for both business and leisure.
Here, youll be close to a feast of restaurants and cafés, the vibrant theatre district, Chinatown, fabulous shopping, the iconic MCG and Rod Laver arena. Parliament House and the Government precinct are also nearby. Getting around is easy, with major bus routes running along Lonsdale Street and Parliament Station just minutes away.
Comprised of 148 spacious one and two bedroom suites and studio apartments over 30 levels, plus 267 square metres of prime retail space, Oaks on Lonsdale, all suites is a truly exceptional development with incredible investment potential.
The state of the art, beautifully furnished studio, one, two and three bedroom apartments have magnificent views over the city and surrounding parklands. An added bonus is that most of the apartments have balconies.
The apartments features floating timber floor boards, fully equipped kitchen facilities with high quality stainless steel Smeg appliances, a combined washer and dryer, plasma TV and split system air conditioning, all with the added bonus of an operator provided furniture package which is all owned, maintained and replaced by operator.
Apartments are selling from $270,000.
Free five-star inspection tours are available to investors, flying interstate to Melbourne and staying at Oaks on Lonsdale Conditions apply.
A first class development at a top Melbourne address - an opportunity not to be missed!
For further information go www.melbourneinvestment.com.au
Loading...
32:35Investment bankingby UNSW169,731 views
All Comments