22/1A St Kilda Road, St Kilda, Vic 3182

Are you looking for a good return on your money and a secure income for some time to come?

Then consider 22/1a St Kilda Road St Kilda, a sizeable 1-bedroom apartment in a cosmopolitan plus location that is securely let to a very successful hotel operator, Amazing Accommodations.

They are your tenants and pay you a guaranteed rent of $19,760 p.a ($380 pw) with 4% increases per year. The current lease runs to June 2024 at which point the operator has 3 further options of 5 years.

You pay the rates and OC fees whilst the operator pays for everything else. At the asking price it makes lots of sense. Please note, you will require a larger than usual deposit or alternatively if you have the cash, call us now!