Capitalise on this outstanding investment opportunity that comprises a Retail Shop (Kebabs), Backpacker and Studio apartment.
Perfectly located in vibrant St Kilda and minutes to St Kilda beach.
This unique property hosts a kebab shop, 60 bed backpacker accommodation, and a quaint studio apartment.
Key details include:
* Rental return $103,619.79 p.a.
* 60 Bed backpacker accomodation
* Long Leases
* High-traffic area
* Triple income stream
* Ideally located in StKilda with captivating seaside ambiance.
Backpacker Lease
* 5 Year Lease
* Commenced 1st August 2023
* Rental $47,219.79 p.a. plus GST
* Options 3 further terms of 5 Years
Retail Shop
* 5 Year lease
* Commenced 1st March 2024
* Rental $40,800 p.a. plus GST
* Option 1 further term of 5 years
Studio Apartment
* Rental $15,600 p.a.
* Monthly tenancy
This property is a turnkey investment with diverse revenue streams, poised for growth in a bustling beachfront setting.
Don't miss this lucrative investment in one of St Kilda's prime locations!
Call Daniel 0438 333 666 to inspect
