452 St Kilda Road, MELBOURNE 3004 VIC 3004
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- 22 Sep 2016
INVEST IN ART SERIES HOTEL GROUP – 50 YEAR LEASE IN PLACE WITH OPTIONS TO RENEW !
A rare opening is currently available to purchase a tenanted commercial investment in the chic and deluxe hotel; The Blackman.
Purchase your own piece of Australia’s fastest growing premium residential brand; Art Series Hotel Group:
- Rental return: $17,000 p.a. + GST
- 3% fixed annual increases
- Tenanted by the renowned Blackman Hotel
- Lease term 50 years with 10 x 5 year options
- Tenant pays all outgoings including owners corporation fee and water/council rates
Located on the city fringe in the heart of St Kilda Road, The Blackman is a boutique 5 star hotel featuring 209 spacious suites, a fully equipped gymnasium, conference and events facilities and in-house restaurants and cafés.
Ranked #14 of 155 hotels in Melbourne on Trip Advisor, The Blackman is the destination of choice for business and leisure travellers alike.
In the middle of Melbourne’s arts precinct and just down the road from major sporting facilities and the famous shopping and entertainment hubs of Chapel Street and Toorak Road, location could not be bettered.
A guaranteed income stream – this investment is sure to exceed your expectations!
CALL NOW TO INSPECT 03 9863 8888
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
452 St Kilda Road MELBOURNE 3004