31/1A St Kilda Road

St Kilda VIC 3182

Whether you're looking to add to your portfolio, shore up your super fund or get onto the property ladder, this two-bedroom apartment at the top of iconic Fitzroy Street is certain to provide investment success. Managed by Amazing Accommodations, investors can reap the rewards of an easy, set-and-forget income asset with predictable outgoings and guaranteed returns all backed by the security of a long-term lease. Available only as an investment and not for residential occupation, fully self-contained first-floor accommodation returns an impressive annual rental of $26,000 plus GST with an increase of 4% p.a and annual outgoings of $2469 (approx.). Positioned quietly on the first floor at the rear, two-bedroom accommodation features a bright and spacious living area with a broad, open-air balcony overlooking a tree lined cul de sac, fully equipped kitchen with adjoining dining, full size central bathroom featuring bath and independent shower, full European laundry with dryer, excellent BIRs, split heating/cooling, lift access and secure entry. 1A St Kilda Road is a no-smoking property with central courtyard garden, gym/ sauna, daily, high-speed internet and secure parking. Guests can walk around the corner to iconic Fitzroy Street, its renowned cafes and bars, a little further to famous St Kilda Beach, the Palm Tree lined foreshore promenade, its awarded restaurants and attractions, Luna Park and the Palais Theatre, Acland Street, historic St Kilda Pier, Albert Park Lake and the Melbourne Grand Prix track. Step out the front door to St Kilda Road trams and light rail links to the CBD, Arts, Sports and Entertainment precincts, internationally acclaimed landmarks the Royal Botanic Gardens, Shrine of Remembrance, Yarra River and the MCG, the Chapel Street precinct, South Melbourne Market and more.