For those looking for a convenient and profitable investment opportunity, this unique development offers excellent location, world-class amenities and standout designer furnishings.
Beautifully furnished with elegant décor, apartment 502 is a large studio suite with a private balcony. This apartment is within the renowned Art Series Hotel; The Blackman. With a guaranteed income stream – this ‘set and forget’ investment is sure to exceed your expectations!
- 7.9% return on investment
- Rental of $24,430 per annum plus GST
- Long term lease (tenant pays for the Owners Corporation administration costs)
Just a stone’s throw away from Melbourne’s CBD, The Blackman is situated in the heart of the prestigious boulevard of business, St Kilda Road. The boutique hotel features 209 spacious suites, a fully equipped gymnasium, conference and events facilities and in-house restaurants and cafés.
Complete with all the trimmings of a five star hotel, The Blackman is the destination of choice for business or leisure accommodation solutions. Located within close proximity to Melbourne’s famous arts and sporting precincts and the famous shopping and entertainment hubs of Chapel Street and Toorak Road, location could not be bettered.
