607/452 St Kilda Road MELBOURNE VIC 3004

For Sale $315,000


Property Details

607/452 St Kilda Road MELBOURNE VIC 3004

For Sale $315,000

The Ultimate in Secure Investing – The Tenant, The Apartment, The Income!

Build your wealth with a super smart investment by securing a space in The Blackman. The Art Series Hotel, recently acquired by Accor, is your committed tenant until 2035 on a reoccurring 5 year lease! Generating $24,713.99 per annum + GST – not only do the tenants take care of the majority of the OC fees, they also pay an additional 3% in rent every year within the term!

Forget the 12 month tenant cycle – the pain of advertising, inspections, application review and new tenant teething – invest in an apartment that offers you the peace of mind associated with professional hotel tenants. No bi-monthly maintenance call outs, no missed rent, no stress!

Investment in The Blackman offers you:
• Safety and Security – International Hotel provider Accor paying their rent like clockwork will ensure you can rely and depend on your tenant to be consistent and predictable with their payments; no irregular payments!
• Quality – Only 7 years old, this building is a top-of-the-line apartment complex, with unique art pieces in each apartment and in the common areas.
• Predictability – With scheduled 5 year refurbishments, you’ll enjoy knowing that your investment is cared for and maintained on a time frame that eliminates the element of surprise!

A few minutes from Melbourne’s CBD and within close proximities to tram access, Melbourne’s art precinct, Chapel Street, Prahan Market & more iconic shopping hubs and restaurants & cafes. Building amenities include a fully equipped gymnasium, conference and events room and in-house restaurants/cafes

Stunningly furnished with chic interiors, apartment 607 is a large studio suite with a private balcony. This apartment is situated in the renowned Art Series Hotel; The Blackman – a one of a kind development that offers high class amenities, convenient location and tasteful furnishings.

With a guaranteed income stream – this is a great profitable investment to add to your portfolio!

Do not miss an opportunity to inspect this gem – Call Marcelle Franks on 0419 022 527 or Madison Liddell on 0408 323 530 TODAY!

* Figures provided are approximate and subject to change without notice