9 x 1 & 2-bedroom apartments (3 x 1 & 6 x 2), 7 car spaces, one title, to be sold as a whole.
An excellent investment opportunity in a prime St Kilda location presents itself to the astute investor or renovator with this solid block of nine spacious one and two-bedroom apartments in top quality condition (all on one title) offering endless opportunities to retain ‘as is’ or develop in to individual titles (STCA).
The apartments comprise of; Spacious bedrooms, ample storage throughout, open plan living areas, separate kitchens, central bathrooms, in house and communal laundries.
8 of 9 currently tenanted, some long-term tenants, approx. return $172,860 per annum with long settlement available.
The premium location further compliments the property with easy access to public transport, trams on the doorstep, bustling Fitzroy Street precinct moments away and all within proximity to the beach and the St Kilda lifestyle.