Sensationally situated between Melbourne’s CBD and St Kilda Beach on one of Melbourne’s most iconic boulevards, this property represents sensational value for an investor with their sights set on secure returns.
Currently leased by the Park Regis hotel chain and returning $26,640 (approx.) per annum with an option to reside or rent out yourself after April 2024. These two serviced apartments are located in the striking Griffin Suites complex, renowned for its style and complete convenience.
The first one-bedroom apartment features spacious living and dining plus a modern and oversized kitchen with integrated appliances, while the adjacent studio has an efficient kitchenette, as well as built-in-robes and a tidy bathroom with modern shower.
The second one-bedroom apartment features stylish neutral interior, where the main bedroom is complete with built-in-robes, built-in bookcase or display shelving and a bright combined bathroom/laundry with shower over bath. Both apartments include reverse-cycle heating and cooling and a welcome addition of a car space.
With the added convenience of a tram stop directly opposite the hotel, 24hr reception and an onsite café/bar this is also the ideal base to explore the city's arts precinct including the National Gallery of Victoria, Melbourne Theatre Company and Royal Botanic Gardens. In easy reach of all that Melbourne has to offer, as well as being moments from Albert Park Lake, cafes, restaurants, beaches, Chapel Street, Southbank and Crown’s Entertainment precinct, this exceptional investment offers ensures your property and you are secure.
