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Back 38 George Street
Off Market

38 George Street

St Albans VIC 3021

1
1
Apartment
Last sold for $975,000
Frank FortiFrank Forti, last sold this property on 29 July 2021 after 486 days on market.

Overview

SECURED INVESTMENT: (Brand New and fully licensed )

Biggin & Scott Sunshine Team proudly introduces one of the best secured investment property in St Albans. Accountants, investment advisors & solicitors take note -Ideal for Self Managed Super Funds. Long established government licensed operator presents as a secure tenancy operating over 28 years. Purpose Built Registered Premises This double storey building provides NINE (9) one (1) bedroom purpose built private rooms. Each room is provided with the following: - Queen or double bed - Hotel commercial grade mattresses - 80 litre personal fridge - 55” 4K Smart TV - WiFi internet access 5Gh - Each room has its own ensuite Two commercial kitchens onsite, one upstairs and one downstairs ** Lease details- 15 year lease - $40,000 per annum -All outgoings to be paid by tenant -Annual rental increase by CPI Seeking long term investment NOTE’ – New building Seven ( 7 ) year structural guarantee -Land size 782 m2 approx -The property provides provisions for another double storey 9 x 1 bedroom self contained apartments (STCA) to be built. Private Inspections only. To arrange your inspection Frank Forti on 0419321816. * Photo ID required for all inspections.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

We need at least 3 similar 1 bedroom apartments sold in St Albans over the last 12 months.

Property history for 38 George Street

2025
Rented
Undisclosed
Leased on 24 Nov 2025 by The Hopkins Group
2025
Rented
Undisclosed
Leased on 19 Jul 2025 by The Hopkins Group
2023
Rented
Undisclosed
Leased on 25 Oct 2023 by The Hopkins Group

Happy sellers in St Albans

92%
92% of sellers in St Albans reported that their sale price either exceeded or met their price expectations.

St Albans stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 81 reviews in St Albans over the last 12 months.

Local market activity for 1 bedroom apartments in St Albans

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