521/572 St Kilda Road, Melbourne VIC 3004

Affordable investment with secure rental income of $13,500 PA plus CPI increases, this apartment represents long term yield stability.
An excellent opportunity to add to your portfolio in the sought-after St Kilda Road precinct.

Securely leased to the renowned hotel operator, Seasons Heritage Melbourne, this well maintained apartment is currently on a 5 years lease with 2 further options of 5 years each.
The lease agreement also allow the landlord to enjoy free accommodation for up to 21 days a year, at the hotel.

Well located along the commercial hub of St Kilda Rd, the apartment features spacious open plan living, quality fitting and fixtures, modern bathroom, heating and cooling.
Public transport is at the door, providing exceptional access to the city and St Kilda Beach, Wesley College, the Formula One Grand Prix track, Albert Park Lake/golf course and the Chapel Street entertainment precinct.

If you are a savvy investor looking for consistent return well above the long term cash rate, this strategically located apartment will prove a valuable asset.