1601/452 St Kilda Road, Melbourne, Vic 3004

Secure a guaranteed income stream or reap the taxation benefits with this 'buy and forget' investment in this exclusive hotel, situated on the doorstep of the world's most liveable city.
Positioned on level 16, this spacious suite featuring stylish appointments, designer furnishings and its own private balcony offers
- A 5 year lease with 3 x 5 year options (started 20 Aug 2015 to 19 Aug 2020)
- Rental of $25,978.44 p.a
- Increase of 3% each year with a rent review at the end of the lease period
- Tenanted by The Blackman Hotel
Commanding an exclusive address, The Blackman is part of the Art Series Hotel Group and is the accommodation of choice for business or pleasure. This boutique Melbourne hotel boasts 209 spacious luxury suites with sophisticated style and outstanding facilities including Italian restaurant 'Classico' and a French patisserie 'Fleur Depot De Pain' plus fully equipped gymnasium.

Situated in the heart of Melbourne's sporting and arts precinct, minutes from the city centre and Albert Park Lake and close to the shopping and entertainment hub of Chapel Street and Toorak Road, guests won't be at a loss for things to do in their down time.

The Blackman pays
Owners Corporation Rates $991.32 per quarter

Owner pays
Owners Maintenance Fund $145.95 per quarter
Council Rates $240.00 per quarter
Water fees $149.85 per quarter

*ID REQUIRED FOR INSPECTION