Appraisal

209/452 St Kilda Road, Melbourne

SOLD for $158,000

1 1
Sold
+ 5

Long Term Lease Generating A Potential 8% Return


Opportunity exists for an investor to purchase a long term lease currently leased to the hotel “The Kinson” on a five year lease with four further terms of five years (5 year x 5 x 5 x 5 x 5).

Located on St Kilda Road and immaculately maintained this spacious and bright studio apartment provides a desired offering for an astute investor.

An open plan floor plan provides a galley kitchen with integrated appliances and an abundance of storage, which opens to your two private balconies allowing the outside in with views of St Kilda Road.

Complete with a modern bathroom, built in robes, study nook and secure entrance, this property presents an ideal location and investment.

Minutes from Melbourne’s CBD, St Kilda, South Melbourne, Chapel Street, Albert Park Lake and with public transport right at your door, this apartment with spectacular views is situated for a long term investor or a purchase in one’s super fund.

Details

Address 209/452 St Kilda Road, Melbourne
Price SOLD for $158,000
Property Type Residential
Property ID 126
Category Apartment

Property Documents

Share

Get Directions
Alexander Subotsch photo

Alexander Subotsch

0421 091 091

Madeleine Saric photo

Madeleine Saric

0431 141 141