18/5-9 Fulton Street, St Kilda East, Vic 3183

MAKE AN OFFER CLOSE TO THE ASKING PRICE AND THE VENDOR WILL SERIOUSLY CONSIDER IT........PRIVATE INSPECTIONS CAN BE ARRANGED

Cash Flow Positive / Neutral - Interest Payments @ 5% may be lower than the rent!!

This is an outstanding opportunity as a first time home buyer or investor / renovator to secure a property that offers a fantastic solid structure just waiting for a mini makeover!

If you are not afraid of rolling up the sleeves and doing some painting, maybe new carpet, a new bathroom & kitchen, and then updating the furniture then this would make a great project offering exceptional returns for the furnished short term rental market.

With many hotels / motels (like a Quest) in St Kilda offering short stay accommodation for anywhere from $100 - $150 a night, this property could be your own little cash cow.

With an outdoor swimming pool, BBQ area and tennis court, you will be swamped with interest in the furnished rental market, given the location -

The apartment features loads of natural light with large windows, timber venetian blinds, a nice kitchen / meals area with gas cooking, living room, main separate bedroom with full ensuite, a single off street car space and full access to the pool, BBQ & tennis court.

Everyone knows that buying real estate is about the location and you will find it difficult to pass up on this apartment being so close to Dandenong Road with easy access to public transport, Chapel Street shops, Carlisle Street, Windsor Railway Station and trams into St Kilda and the city.

You could leave the car at home and walk to Carlisle Street or Chapel Street with so many great shops & cafes within a short walk.

This Excellent investment opportunity awaits a new owner with the enthusiasm to take on a mini makeover project.

** The owner is happy negotiate a quick settlement - they are very realistic and keen to sell!
** The furniture is included in the price!
** Vacant possession is offered!
** If the price is right, the owner will entertain providing possession before settlement to allow time for the mini makeover to take place


The property is currently vacant - inspection can be arranged at short notice for serious buyers - contact Michael Furlong directly on 0425-71-35-71 to arrange an inspection

Due Diligence Checklist can be found at consumer.vic.gov.au/duediligencechecklist