FOR SALE
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413/452 St Kilda Road
Melbourne VIC 3004

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 37m2
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Premium Hotel Room Investment with Exceptional Returns

Discover a unique opportunity to own a high-yielding hotel room investment in the heart of Melbourne's prestigious St Kilda Road precinct. Currently generating a solid annual income of $15,174.09, this property is supported by a secure 5-year lease with the potential to extend for up to five additional 5-year terms, ensuring stability and peace of mind for investors.
Why This Investment Stands Out:
* Consistent Income: Currently leased at $15,174.09 per annum, providing a steady and reliable revenue stream.
* Bright and Inviting Space: Enjoy natural light and stunning views, creating an inviting retreat.
* Flexible Design: Tailor the space to suit personal or investment goals, maximizing potential.
* Unmatched Location: Situated along St Kilda Road, a prime address that attracts luxury-seeking travelers to Melbourne.
* Secure Environment: Relax knowing the property offers a secure entrance, ideal for residents and owners alike.
This investment combines modern luxury, a prime location, and a dependable income, making it a standout choice for discerning buyers seeking long-term financial growth. Rare opportunities like this don't last long.
Take the first step toward securing your financial future. Contact us today to learn more or schedule an inspection!

Property Details for 413/452 St Kilda Rd, Melbourne

Building Type
Commercial
Floor Size
37m2

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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 13,427 properties. Over the last 5 years, Houses in Melbourne have seen a 15.95% increase in median value, while Units have seen a -5.15% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,437,130 while the median value for Units is $659,144.
  • Houses have a median rent of $620 while Units have a median rent of $625.
There are currently 90 properties listed for sale, and 48 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 633 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3004

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Gavin Zeitz
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Luke Carlson
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G & H Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.