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116 & 117/604 St Kilda Road,
MELBOURNE 3000, Victoria
Price withheld
Property details
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Agents
Under Offer
**INVESTMENT ONLY**
Important: This property is for short-term accomodation only and cannot be owner occupied. The current lease is expected to be renewed each and every 2-3 years on a consistent basis. This property is for investment only, and returns $26,328 per annum.
IMPORTANT INFORMATION:
Lease Term:
Lease agreement until 21st July 2023.
Minimum Rent for 2022:
$26,328 pa OR $505 /week
Inspection by private appointment only.
Sensationally situated between the Melbourne CBD and St Kilda Beach on one of the world's most iconic boulevards, this smart dual key property represents sensational value for the savvy investor with their sights set on secure returns.
Currently leased by the Park Regis hotel chain and returning $26,328 (approx.) per annum, the two serviced apartments (1BR plus adjacent studio apartment) are located in the striking Griffin Suites complex, renowned for its style, security and the complete convenience of its St Kilda Road setting.
In easy reach of all that Melbourne has to offer, here you are in strolling distance of the Albert Park Lake precinct and only minutes' drive to cosmopolitan St Kilda with its boutique shopping, bars, restaurants and beaches, while the myriad delights of Chapel Street, Southbank and the Crown Entertainment precinct sit just a stone's throw away.
With the added convenience of a tram stop directly opposite the hotel, 24hr reception and an onsite café/bar this is also the ideal base to explore the city's arts precinct including the National Gallery of Victoria, Melbourne Theatre Company, Sidney Myer Music Bowl and Royal Botanic Gardens, while extras here include reverse-cycle air-conditioning to both apartments and a car space.
*Government directions require all open home attendees to be fully vaccinated. If you are fully vaccinated you are welcome to attend one of the advertised open for inspection times, where proof of vaccination is required prior to entry. If you are not fully vaccinated and would like to view this home please contact our team to organise a private inspection. We thank you for assisting us as we implement directions from the Victorian government. Effective from 6pm Friday, 29th October 2021.
Important: This property is for short-term accomodation only and cannot be owner occupied. The current lease is expected to be renewed each and every 2-3 years on a consistent basis. This property is for investment only, and returns $26,328 per annum.
IMPORTANT INFORMATION:
Lease Term:
Lease agreement until 21st July 2023.
Minimum Rent for 2022:
$26,328 pa OR $505 /week
Inspection by private appointment only.
Sensationally situated between the Melbourne CBD and St Kilda Beach on one of the world's most iconic boulevards, this smart dual key property represents sensational value for the savvy investor with their sights set on secure returns.
Currently leased by the Park Regis hotel chain and returning $26,328 (approx.) per annum, the two serviced apartments (1BR plus adjacent studio apartment) are located in the striking Griffin Suites complex, renowned for its style, security and the complete convenience of its St Kilda Road setting.
In easy reach of all that Melbourne has to offer, here you are in strolling distance of the Albert Park Lake precinct and only minutes' drive to cosmopolitan St Kilda with its boutique shopping, bars, restaurants and beaches, while the myriad delights of Chapel Street, Southbank and the Crown Entertainment precinct sit just a stone's throw away.
With the added convenience of a tram stop directly opposite the hotel, 24hr reception and an onsite café/bar this is also the ideal base to explore the city's arts precinct including the National Gallery of Victoria, Melbourne Theatre Company, Sidney Myer Music Bowl and Royal Botanic Gardens, while extras here include reverse-cycle air-conditioning to both apartments and a car space.
*Government directions require all open home attendees to be fully vaccinated. If you are fully vaccinated you are welcome to attend one of the advertised open for inspection times, where proof of vaccination is required prior to entry. If you are not fully vaccinated and would like to view this home please contact our team to organise a private inspection. We thank you for assisting us as we implement directions from the Victorian government. Effective from 6pm Friday, 29th October 2021.
All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.
Due diligence checklist for home and residential property buyers.
Explore the area
School catchments
- Cocos Islands District High School Combined K-10 Government 17,049.0km
- Cocos Islands District High School - Home Island Campus Combined Government 17,049.0km
- Christmas Island District High School Combined K-12 Government 16,383.0km
- Exmouth District High School Combined K-12 Government 16,623.4km
- Carnarvon School Of The Air - Coral Bay Campus Primary Government 16,727.0km
- Carnarvon Christian School Primary PP-6 Independent 16,835.4km
- St Mary Star of the Sea School - Secondary Campus Secondary Catholic 16,835.8km
- St Mary Star of the Sea College Combined PP-12 Catholic 16,835.9km
- Carnarvon School Of The Air Primary K-6 Government 16,835.5km
- Carnarvon Community College Combined K-12 Government 16,833.2km
- Onslow School Combined K-12 Government 16,520.3km
- Useless Loop Primary School Primary K-6 Government 16,923.3km
- Shark Bay School Combined K-12 Government 16,902.3km
- Dampier Primary School Primary K-6 Government 16,322.6km
- Pannawonica School Combined K-12 Government 16,415.5km
- Tambrey Primary School Primary K-6 Government 16,319.4km
- St Luke's College Secondary 7-12 Catholic 16,318.5km
- Karratha Senior High School Secondary 7-12 Government 16,317.5km
- Gascoyne Junction Remote Community School Combined K-12 Government 16,708.4km
- Roebourne District High School - Cheeditha Campus Combined Government 16,292.4km
- Kalbarri District High School Combined K-12 Government 16,934.0km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
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Contact Tommy-Lee Davies
Contact Tommy-Lee Davies
Tommy-Lee Davies
116 & 117/604 St Kilda Road, MELBOURNE VIC 3000
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Tommy-Lee Davies
116 & 117/604 St Kilda Road, MELBOURNE VIC 3000