805 / 452 St Kilda Road, Melbourne
- 1 bedroom
- 1 bathroom
ASTUTE INVESTORS TAKE NOTE
Calling all investors who are looking to add to their portfolio with a high quality, secure, high return investment. Current lease in place until August 2020 with 3 x 5 years ongoing option. Offering a $23,000 guaranteed rental return per annum. A 3% CPI increase will also occur yearly. Situated in a landmark complex "The Blackman Hotel" located in one of Melbourne's premier and popular locations. This boutique Melbourne hotel boasts 209 spacious luxury suites with sophisticated style and outstanding facilities such as 24-hour reception, an on-site gym and two acclaimed restaurants. The location speaks for itself being in the middle of Melbourne’s arts precinct, down the road from major sporting facilities and the famous shopping/entertainment hubs of Chapel Street and Toorak Road.