To be sold as one, this block of 12 apartments offers immediate cash flow and plenty of potential in a superb high-growth location popular with tenants and owner-occupiers alike. Each residence features a spacious living room, separate kitchen/meals and privately zoned bedroom/s (built-in robes), plus allocated off-street car spaces. Seize the day and secure your future with this ideal investment opportunity moments to Local Supermarkets, city-bound transport. Positioned in one of Melbournes most vibrant and culturally rich precincts, known for its historic sea baths and Luna Parks eye catching rides, the area is popular to tourists and locals alike.
- 12 x 2-bedroom apartments to be sold as one
- Current gross rental return of $222,660 p/a
- Prime St Kilda location
- 12 Off-street parking spaces
- Land Size: 762sqm (approx.)
- General Residential Zone (GRZ)
- Development/Value add opportunity (STPA)
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