Long term Lease 5yr x 5 x 5 x 5 Generating a potential 8% Return!
Hotel/Leisure Sold - MELBOURNE VIC
Opportunity exists for a wise investor to park their money in a long term solid lease. Currently leased to the the hotel “The Kinson” on a five year lease with three further terms of five years making it an obvious choice for the astute investor. Currently being used as a hotel you can expect it to be maintained immaculately. Located in a position along St Kilda Rd that is a desired position for Melbourne visitors to stay and enjoy everything this great state has to offer.
* Long term lease in place
* 50% administration fund paid by tenants
* Open plan room
* Galley kitchen
* Modern sparkling bathroom
* Secure entrance
Be quick to enquire!
- Floor Area is 30 m²