Attention astute investors! Here's your chance to secure a prime hotel suite investment with exceptional returns. Suite 605 at 452 St Kilda Rd is currently leased for $12,896 per annum on a robust 5-year lease, with further options of 5x5x5x5 years, ensuring long-term stability and impressive growth potential.
This rare investment opportunity offers a remarkable yield and is situated in a highly desirable location for Melbourne visitors. The suite is meticulously maintained as part of a hotel, ensuring it remains in pristine condition.
Key Features:
Don't miss out on this exceptional investment opportunity. Properties like this are rare and highly sought after. Enquire today to secure your stake in this prime real estate and benefit from its outstanding returns and growth prospects.
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Be quick to enquire and seize this unparalleled investment opportunity.
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 13,562 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:
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