1-5/16 Vale Street, St Kilda, Vic 3182

An extraordinary investment opportunity awaits to reap endless rewards from this boutique block, comprising four contemporary apartments & an exciting street fronted commercial space, to be sold as one. Brilliantly positioned to enjoy the best of St Kilda, it presents a unique chance for the seasoned investor to immediately bring in a rental income. The ground level commercial space (with entry via Greeves Street) comprises a covered outdoor area, a wonderfully expansive modern interior & bathroom facilities, the ideal spot for a vibrant local café. While the four stylishly appointed one-bedroom apartments (one studio, two standard & one loft style apartment) accessed via secure video monitored entry on Vale Street are sure to impress. All feature light filled living & dining zones with large privately enclosed covered balconies, well appointed stone kitchens, good sized bedrooms & modern bathrooms. Each apartment also features split system heating/cooling, secure off street parking (stacker) & a storage cage. Don’t miss this rare & remarkable opportunity to make your mark & capitalise on this great address. Ideally located close to all the St Kilda action, just a short walk to vibrant Acland & Carlisle Street’s shops, cafes & nightlife, the St Kilda Botanical Gardens, a choice of transport options & the beach!