81 Wellington Street

St Kilda VIC 3182

168 m²

189 m²

Townhouse

Currently for sale - view listing

Overview

Secure Income Today l Your Future Home Tomorrow

With Flexibility, Cashflow and future upside this property ticks all the boxes for a smart way to access your future home. The prominent corner position is perfect for the current busy cafe use that serves the well established office and residential customers. The cafe lease gives security to 2030 with a very affordable rental income that suggests an uptick at the market review in Nov 2027. In just four years time you can renovate it into your amazing St Kilda Townhouse in a perfect location. Or take over the business and live upstairs. Or extend the lease, Or rent it to someone else or many other options. The incredible location with direct access to major roads, Windsor Station, and surrounding amenity in Chapel St Windsor, Fitzroy St St Kilda underwrite the value for you.