FOR SALE
$240,000 to $260,000

1706/452 St Kilda Road
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Premium Investment Opportunity with Lifestyle Benefits

INVESTORS ONLY
Investors, seize the chance to secure strong financial returns with this immaculate 17th-floor 1 bedroom apartment located just a stones throw from Melbourne's CBD on St Kilda Road, known for it's premium location between Faulkner and Albert Park as well as a direct tramline to the CBD and outer suburbs.
Diversify your investment portfolio by acquiring this luxurious suite in The Kinson Hotel. Managed by the reputable Porter Club, they guarantee meticulous property upkeep, ensuring peace of mind. Benefit from a fixed monthly rental income and enjoy the added advantage of them covering 50% of the owners' corporation fees.
The apartment stands out as one of the largest in the building, featuring a private bedroom separate from the main living area, and an expansive open-plan living and dining area bathed in natural light. What distinguishes this unit is its generous balcony-an ideal space for entertaining and unwinding while relishing breathtaking views of Faulkner Park and South Yarra.
Gross Income: $18,941 + GST per annum
Annual Outgoings
Body Corporate fees: $2,598
Council Rates: $850
Water rates: $1064
With the owners motivated to liquidate this asset please contact Taylor Sims on 0403 485 210 for all inquiries.
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Property Details for 1706/452 St Kilda Rd, Melbourne

1706/452 St Kilda Rd, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Ray White Southbank | Port Phillip.

Building Type
Apartment

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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 13,569 properties.

    There are currently 97 properties listed for sale, and 73 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 608 properties were sold in the past 12 months in Melbourne.

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