33/157 Fitzroy Street, St Kilda VIC 3182

Located in the heart of St Kilda on the Paris-End of Fitzroy Street, this fully furnished apartment in the Adina Apartment Hotel is surrounded by walking tracks, beaches, cafs, shops and transport. Elevated on the fifth floor and embracing the spectacular views of Albert Park and the CBD, this modern turnkey property takes care of all your needs with an open-plan living and dining room incorporating a study area and a kitchen topped in stainless steel and fitted with Bosch cooking appliances and Blanco dishwasher. A sizeable undercover balcony gazes out across the greenery of the Albert Park towards the skyline of the worlds most liveable city. The two bedrooms share the facilities of a semi-ensuite bathroom with bath, separate shower and European laundry. Further highlights include a secure car space, split-system air conditioner, panel heaters and ceiling fans in the two bedrooms, a walk-in robe in the main bedroom, built-in cupboards in the second bedroom, three TV sets and full complement of cutlery, crockery cookware and glassware. Leased to Adina Serviced Apartments, this unique property presents a fantastic opportunity to invest now on a solid return and then enjoy a superb St Kilda Albert Park lifestyle down the track.

The internal size is 69sqm approx. and the balcony is 10sqm approx..
The property is leased to Medina Property Services P/L (trading as Adina St Kilda) from 1/7/2014 for 2x 5 year options (1st option exercised) with 3% annual rent increases from 1/7/2017
Current rent is $32,403.12 PA semi gross (from 1/7/2018)
Tenant is responsible for outgoings excluding; Land Tax, Council Rates, Water Rates (service charges) & OC fees
The apartment has been fully renovated within the last 5 years and is in excellent condition throughout
There is a secure undercover car space which is situated only about 20m from reception
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