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1407/452 St Kilda Road
Melbourne VIC 3004

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 39m2
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Safe, High-Yield Investment Opportunity with Long Term Lease 5x5x5x5x5

Here's your chance to secure a solid investment with guaranteed income in a prime Melbourne location. This hotel suite at 1407/452 St Kilda Road generates an impressive annual income of $16,252 and is secured by a 5-year lease with multiple renewal options (5x5x5x5 years), offering peace of mind and long-term stability for savvy investors. Being 39m2 (approx), with a good sized balcony nad nice outlook you can't go wrong.
Features Include:
* Reliable Rental Income: Enjoy consistent returns with a current annual income of $16,252, making it a lucrative addition to your portfolio.
* Long-Term Lease Security: The property is secured by a 5-year lease, with the option to extend through multiple 5-year renewals, ensuring long-term income potential.
* Sought-After Location: Situated along the prestigious St Kilda Road, one of Melbourne's most desirable business and leisure districts, the property benefits from high demand and strong capital growth prospects.
* Flexible Office Space: The versatile layout is suited to a variety of business needs, offering flexibility for future tenants or investors.
* Well-Maintained & Secure: The building boasts a secure entry and is meticulously maintained, providing a professional atmosphere that enhances tenant retention.
* This is an outstanding opportunity for cash buyers seeking a high-return, low-risk investment in a prime Melbourne location. Don't miss out on this rare chance to secure a long-term income stream with exceptional growth potential.
Contact us today to arrange a viewing and take advantage of this exceptional investment!

Property Details for 1407/452 St Kilda Rd, Melbourne

Building Type
Commercial
Floor Size
39m2

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About Melbourne 3004

The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% of total area. The population of Melbourne in 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation. In 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 13,564 properties. Over the last 5 years, Houses in Melbourne have seen a 80.70% increase in median value, while Units have seen a -2.76% decrease. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,977,872 while the median value for Units is $661,078.
  • Houses have a median rent of $625 while Units have a median rent of $625.
There are currently 99 properties listed for sale, and 44 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 633 properties were sold in the past 12 months in Melbourne.

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Gavin Zeitz
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Luke Carlson
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