This well-positioned one-bedroom apartment presents an outstanding investment opportunity in the heart of St Kilda, just steps from the beach.

The apartment features an open-plan living and dining area flowing into a functional kitchen, designed for easy living and strong tenant appeal. Year-round comfort is ensured with heating, cooling, ceiling fans, surround-sound wiring, and secure entry.

Situated on the ground floor, the property offers added convenience with no stairs or lift dependence, plus two separate entrances - a highly attractive feature for tenants.

Residents enjoy access to a premium rooftop terrace with BBQ facilities and impressive 360° views of the ocean, city skyline, and surrounding neighbourhood. The building includes CCTV, two lifts, bike storage, and secure parking.

Ideally located close to popular cafés, restaurants, and the No.96 tram, this apartment sits in one of Melbourne's most in-demand lifestyle and rental locations.

Investment highlights:

Secure rent contract at $650 per week

Monthly rental income of $2,817

Lease in place until 30/07/2027

Stable, reliable tenants keen to remain long term

Attractive gross rental yield of approximately 7%

Low-maintenance asset in a high-demand rental area

The Phone Code for this property is: 91804. Please quote this number when phoning or texting.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.