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22/1A St Kilda Road, St Kilda

$300,000 - $330,000

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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!

Details

Address 22/1A St Kilda Road, St Kilda
Price $300,000 - $330,000
Property Type Residential
Property ID 2694
Category Serviced Apartment

Location

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Claudio Perruzza photo

Claudio Perruzza

0412 304 152

Luca Perruzza photo

Luca Perruzza

0457 588 858

BigginScott St Kilda/Elwood
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