“Open for inspection by Private Appointment only. To book a Private Appointment, please contact the agent.”

Surrounded by Melbourne’s famous leafy St Kilda Rd Boulevard this affordable, self-contained studio apartment provides expansive opportunities for an astute investor.

The property was returning a secure rental income of $13,032 per annum until 11 August 2021 and as such, represents long term yield stability. Currently, the property is available for sale as vacant possession.

Comprises: an open plan kitchen area, separate cosy bedroom with BIR’s, modern bathroom, quality fittings and fixtures, cooling and heating and a beautiful view of the Albert Park Lake.

Well maintained building facilities include fully equipped gymnasium, laundry room and 24/7 concierge.

Public transport is at the door, providing exceptional access to the Melbourne CBD and St Kilda Beach, Albert Park Lake and golf course, the Formula One Grand Prix track, Wesley College and the Chapel Street entertainment precinct.

Purchasers will have the flexibility to either occupy the apartment or lease the property out privately via Airbnb or through the Hotel Pool.

If you are a savvy investor looking for high yield investment, this strategically located apartment will prove to be a valuable asset.

For further details please contact Svetlana Ocuneva on 0431 406 960 or via email on sveta@reom.com.au.