22/1A St Kilda Road, St Kilda 3182

$399,000
1 1 1

Better Than Money In The Bank!

**INSPECTIONS STRICTLY BY APPOINTMENT**

Are you looking for a good return on your money and a secure income for some time to come?

Then consider 22/1a St Kilda Road St Kilda, a sizeable 1-bedroom apartment in a cosmopolitan plus location that is securely let to a very successful hotel operator, Amazing Accommodations.

They are your tenants and pay you a guaranteed rent of $21,091 ($405 pw) with 4% increases per year. The current lease runs to 2024 at which point the operator has 3 further options of 5 years.

You pay the rates and OC fees whilst the operator pays for everything else. At the asking price it makes lots of sense. Please note, you will require a larger than usual deposit or alternatively if you have the cash, call us now!

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