This property offers an excellent opportunity for the astute cash investor to capitalize in the current market. With a long-term lease featuring five-year options extending all the way to 2047, this investment promises stability and reliable returns. The Hotel Kinson currently rent this suite for $13059.67 per annum + GST + 50% admin fund. Located in a fantastic position along St Kilda Rd you can't beat the position.
Features Include:
* Long-Term Lease: Secure a stable income with lease options extending to 2047.
Be quick to enquire and seize this unparalleled investment opportunity! Contact us now to learn more.
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 13,566 properties. Over the last 5 years, Houses in Melbourne have seen a 131.21% increase in median value, while Units have seen a -4.96% decrease. As at 31 July 2024:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.