503/452 St Kilda Road, Melbourne, Vic 3004

A rare opportunity for you to secure this wonderfully appointed studio apartment number 503, currently available to purchase as a tenanted investment. Offering a rental return of $27,232 per annum with a current tenant in place until August 2020 with 3 x 5 years of further terms, and a 3% rental increase per annum.

The superbly proportioned floor plan is configured as a contemporary boutique studio apartment with stylish interior design. Located on level 5, this suite features a lavish large bedroom, kitchen, bathroom, living/dining area and an outdoor balcony with sensational views.

Commanding an exclusive address, The Blackman is part of the Art Series Hotel Group and is the destination of choice for business or leisure accommodation solutions. This boutique Melbourne hotel boasts 209 spacious luxury suites with sophisticated style, generous balconies, designer furnishings, outstanding facilities including walnut-panelled Italian restaurant a French patisserie and an exclusive gym with state of the art fitness equipment.

Situated in the heart of Melbourne’s sporting and arts precinct and just minutes from the city centre with its boutique shopping strips and quirky laneways, guests won’t be at a loss for things to do in their down time.

This is a rare opportunity to acquire a secure long term investment in this exclusive hotel.