$300,000 - $330,000
1 Bed • 1 Bath • 1 Car
New
22/1A St Kilda Road, St Kilda VIC 3182
$300,000 - $330,000
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What's around St Kilda Road
Serviced Apartment description
“Better than money in the bank – 6% approx. return”
Are you looking for a good return on your money and a secure income for some time to come?
Then consider 22/1a St Kilda Road St Kilda, a sizeable 1-bedroom apartment in a cosmopolitan plus location that is securely let to a very successful hotel operator, Amazing Accommodations.
They are your tenants and pay you a guaranteed rent of $19,760 p.a ($380 pw) with 4% increases per year. The current lease runs to June 2024 at which point the operator has 3 further options of 5 years.
You pay the rates and OC fees whilst the operator pays for everything else. At the asking price it makes lots of sense. Please note, you will require a larger than usual deposit or alternatively if you have the cash, call us now!
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What's around St Kilda Road
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Claudio Perruzza
Biggin & Scott - St Kilda / Elwood
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