3/102 Barkly Street St Kilda VIC 3182

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 retail shop, 60 bed backpacker accommodation, and a quaint studio apartment.

Key details include:
* Rental return $62,819.76 p.a.
* 60 Bed backpacker accommodation
* 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 (Vacant)
* Food Ready
* 60sqm approx
* Estimated return $45,000p.a

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