To enquire, please email or call 1300 815 051 and enter code 7184
The perfect place to live and/or possibly the most amazing investment opportunity you can think of, with proven earnings potential!
About the property:
This large New York styled loft apartment is nestled amongst the tree canopies and located in the historic Waldorf building, with the cafes and restaurants of Fitzroy Street all around.
You are within strolling distance of the beach and Albert Park Lake, and have trams on your doorstep for easy access to everything Melbourne has to offer.
This captivating apartment is filled with light, character and attractive architectural features. Storage is in abundance because of the cleverly designed cupboards and shelving throughout the property.
The open plan living area is spectacular with a solid timber flooring, beautiful ceiling angles and a skylight, an exposed brick wall dating from way back when the building was built over 100 years ago and a unique arched window which takes in views of Melbourne city and Albert Park. This large space includes the lounge and dining areas, a kitchen with an island complete with stone bench tops and dishwasher.
The list of features includes: a separate European laundry, reverse cycle heating/cooling, a separate work-from-home area with a built in desk, two queen-sized bedrooms, dual-access bathroom with stone tops and undercover secure garaged parking which has the added bonus of being on a separate title.
There is literally nothing left to do. The most recently completed renovations included carpet replacement throughout, retiling of the bathroom floor, fitting of a new toilet, updating the roller blinds, and finished off with a complete repaint of the whole apartment.
The sale includes the opportunity to acquire the furniture you see in the photos, including the soft furnishings, washing machine, dryer, fridge, etc., through separate negotiation with the owners.
About the investment potential:
Acquired in 2014 by the current owners, the property was leased to tenants solidly for 6 years. For the past 4 years, the owners have managed the property as a highly successful short-term let investment (through Airbnb) and it is no ordinary listing because it is one of the top 5% of homes on Airbnb and achieving 5-star ratings and earned the owners “Superhost” status.
The apartment is regularly booked at around $220-$300 per night, achieving far higher rates at peak times of the year (e.g., Formula 1, holiday periods etc.)
Possible options for you to consider include:
1. Live in full time as your own home.
2. Rent out as a long term lease investment.
3. Operate a full time, short-term let arrangement (E.g., Airbnb, etc.)
4. Hybrid: Live in as your home and also advertise for occasional short-term let through Airbnb, etc., to produce an income!
This sale is managed by the owners and their appointed legal representatives, allowing you the opportunity to negotiate directly and secure this unique and amazing property for yourself.
To enquire, please email or call 1300 815 051 and enter code 7184
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