An opportunity not to be missed, The Blackman is offering up its best apartment yet for a savvy investor looking to build their portfolio.
Suite 1509 is a spacious apartment featuring 2 private balconies, separate living and dining area and large master bedroom accompanied by views overlooking Albert Park Lake out to Port Phillip bay.
Key highlights include:
- Current annual rental return of $38,025 per annum
- Annual 3% fixed increases
- 5-year lease with 3×5 year options
Leased to the prestigious Art Series Hotel Group and just moments away from Melbourne CBD, The Blackman is situated in the heart of St Kilda Road. On-site amenities include a fully equipped gymnasium, conference and events facilities and in-house restaurants and cafés.
With Melbourne’s famous arts and sporting precincts nearby and the famous shopping and entertainment hubs of Chapel Street and Toorak Road just a short tram ride away, this is the perfect investment location.