Enjoy stress-free investing with this superb property leased to Quest Serviced Apartments on a secure, long-term agreement—offering consistent returns and regular rent reviews. Best of all, this is not subject to the Residential Tenancy Act, making it a truly hands-off investment opportunity.
Features include secure basement parking, access to resident facilities including a pool and BBQ area, and a premier location just off Acland Street. The apartment enjoys a peaceful outlook over a beautiful heritage-listed sandstone church, adding unique character to its setting.
With a long-standing, reliable commercial tenant in place, this property delivers the ideal passive income stream in one of Melbourne’s most iconic lifestyle precincts.
St Kilda is one of Melbourne's most sought after locations, situated on Hobson's Bay, easy access to the Central Business District and enhanced with Melbourne's most popular beaches and foreshore recreational areas, Albert Park Lake and an abundance of café restaurants and the best of a unique cosmopolitan lifestyle.