SOLD

315, 452 St Kilda Road, Melbourne, VIC 3004


Long term Lease 5yr x 5 x 5 x 5 Generating a potential 8% Return!

Opportunity exists for a wise investor to park their money in a long term solid lease. Currently leased to the the hotel "The Kinson" on a five year lease with three further terms of five years making it an obvious choice for the astute investor. Currently being used as a hotel you can expect it to be maintained immaculately. Located in a position along St Kilda Rd that is a desired position for Melbourne visitors to stay and enjoy everything this great state has to offer.

Features Include:

* Long term lease in place
* 50% administration fund paid by tenants
* Open plan room
* Galley kitchen
* Modern sparkling bathroom
* Secure entrance

Be quick to enquire!

Property Info

Municipality
Melbourne
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