Run this Property Like a Hotel with Short Term Rental Option - Currently Achieving a Great Return
This property is currently leased through short term rental websites like AirBnB (and others) achieving an amazing $27,000 so far in 2019 with the expectations of $30,000. Although your return can differ week to week or year to year there always appears to be a high demand for this location and it is consistently booked all year round. Located within walking distance to cafes, restaurants, transport and all that St Kilda has to offer not to mention the beach.
* Open plan living with large glass doors allowing natural light
* Designer kitchen with stone bench-tops, Smeg appliances and dishwasher
* Bedroom with ample storage and wardrobe space
* European laundry with washer/dryer included
* Split system heating/cooling
* Juliet balcony
* Access to communal rooftop entertainers area which includes barbecue, lounges, botchy court, outdoor dining tables, kitchenette and stunning views of St Kilda beach and the Melbourne skyline.
Be quick as this style of investment is difficult to find
- Hotel/Leisure Commercial Category
- Floor Area is 40 m²