Price: $530,000
Suite Capacity: 1-2 People

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.

 

Getting There

Tram

Roue 3 & 3a

Route 5

Route 6

Route 16

Route 64

Route 67

Route 72

Train

South Yarra Station

Car

Secure undercover parking on-site & metered street parking available

The Blackman

452 St Kilda Rd, Melbourne VIC 3004

Stunning properties for sale at The Blackman

Recently sold properties at The Blackman

To find out more about offices currently available for sale or lease, or to arrange a personal inspection, call us on 1300 652 532 or enquire online.

Get in touch today!









COVID-safe

MCO are going above and beyond the recommended sanitations standards and have plenty of space to adhere to social distancing regulations.