An outstanding opportunity has arisen to secure a boutique block of five apartments in a highly sought-after Collingwood position. It enjoys a robust return of $11,862/month with excellent existing tenants (Unit 1 vacated for sale with the option to be leased before settlement if desired), and would make an exceptional addition to any investor's property portfolio. Set across three levels, each updated dwelling boasts a bright open plan living and dining area, smart gas kitchen, two good sized bedrooms and a bathroom with integrated laundry facilities. In addition, there are two balconies and garaging for three cars in the building. Fully renovated with a rendered façade, the impeccably maintained low-rise block also provides intercom security. It occupies an ultra-convenient address, strolling distance to Smith Street shops and cafes, city trains and riverside parklands.