Attention savvy investors! Seize the chance to own a lucrative piece of real estate with guaranteed returns at 709/452 St Kilda Rd. This suite offers a long-term lease with five-year renewal options extending until 2047, ensuring a stable income stream. Currently leased by Hotel Kinson, the property generates a gross rent of $15,892.72 + GST annually.

Key Features:

* Long-Term Stability: Secure lease extending through to 2047, offering peace of mind and consistent returns.
* Shared Costs: Tenant contributes 50% to the body corporate administration fund, reducing your expenses.
* Versatile Open Plan: Flexible room layout adaptable to various needs.
* Modern Galley Kitchen: Efficiently designed kitchen with contemporary appliances.
* Chic Bathroom: Sparkling, updated bathroom providing modern comfort.
* Secure Entry: Ensures safety with a secure entrance, enhancing the appeal for tenants.

Why Invest Here?

Prime Location: Nestled on St Kilda Rd, this suite is in a highly desirable area known for its convenience and prestige.

Steady Income: With a gross annual rent of $15,892.72 + GST, enjoy a reliable income stream.

Tenant in Place: Hotel Kinson, a reputable tenant, occupies the space, ensuring minimal vacancy concerns.

Don't miss out on this exceptional investment opportunity. Contact us today to learn more and arrange an inspection.