An exceptional opportunity presents itself with this fully furnished apartment in the tightly held inner-east. Currently leased to a successful hotel operator, the property provides investors with a fixed rental return and the peace of mind of a long-term agreement. This “set and forget” opportunity is designed for those seeking reliable income...
An exceptional opportunity presents itself with this fully furnished apartment in the tightly held inner-east. Currently leased to a successful hotel operator, the property provides investors with a fixed rental return and the peace of mind of a long-term agreement. This “set and forget” opportunity is designed for those seeking reliable income with minimal ongoing management.
The apartment itself is immaculately presented and surprisingly spacious, featuring light-filled open-plan living and sleeping quarters, a sleek straight-line kitchen with stone benchtops and ample storage, and a modern bathroom with quality fittings and tiled finishes. Comfort is further enhanced by reverse-cycle heating and cooling, while the property is offered fully furnished to ensure consistent returns from day one.
Positioned just metres from Kew Junction, residents and guests enjoy a vibrant lifestyle with an array of cafés, restaurants, and Leo’s Fine Food & Wine supermarket within easy reach. Scenic Studley Park and the Yarra River offer nearby green escapes, while Glenferrie Road shops, Richmond and Abbotsford’s trendy dining hubs, excellent tram and bus connections, and Hawthorn Station are all close by. Easy access to the Eastern Freeway further strengthens the convenience of this location.
Backed by a secure lease with reliable rental yields, this apartment represents a cornerstone addition to any investment portfolio. Combining low-maintenance ownership with strong income potential, it is a rare chance to secure an asset in one of Melbourne’s most desirable inner-eastern suburbs.