City-Fringe Investment with Strong Returns and Stunning Park Views.
Positioned on the fringe of Melbourne CBD, Apartment 1309 presents a prime investment opportunity for the savvy investor looking to expand their investment portfolio. With sweeping views overlooking Albert Park Lake, this spacious, one bedroom apartment also features:
- Investment opportunity perfect for SMSF
- Existing 5-year lease currently returning $20,522.32 per annum with a CPI Review in May 2025 and 2026
- 4 x 5-year options
- Kitchen with full amenity
- Generous sized ‘hotel’ style bathroom and shower
- Separate lounge/living area
- Expansive private balcony
This 5-star boutique hotel is the destination of choice for business or leisure accommodation solutions. Situated in the heart of prestigious St Kilda Road, The Kinson features an on-site gymnasium, conference and event facilities and in-house restaurants and cafes. 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, the location could not be better.