SoldJul 31, 2023

508/452 St Kilda Road, Melbourne, VIC, 3000

Amount undisclosed

1
1

Apartment

14 days on the market

Sold: Jul 31, 2023

What's around 508/452 St Kilda Road

Long Term Lease Generating A Potential 8% Return.

Opportunity exists for an investor to purchase a long term lease currently leased to the hotel "The Kinson" on a five year lease with three further terms of five years (5 year x 5 x 5 x 5). Located on St Kilda Road and immaculately maintained this spacious and bright studio/one bedroom apartment provides a desired offering for an astute investor. An open plan floor plan provides a modern kitchen with integrated appliances and ample storage, which opens to your private terrace allowing the outside in with beautiful views of along St Kilda Road. Complete with a modern bathroom, built in robes and secure entrance, this property presents an ideal location and investment. Minutes from Melbourne's CBD, St Kilda, South Melbourne, Chapel Street, Albert Park Lake and with public transport right at your door, this apartment with spectacular views is situated for a long term investor or a purchase in one's super fund.

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