A golden investment opportunity

1-16/110 Wellington Street, St Kilda, 3182

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Contact for PriceFor Sale
  • Ownership Type Unitblock
  • Property Area 0 sqft
  • Bedrooms 15
  • Bathrooms 15
  • Furnished No
  • Last Updated 3rd Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Open Spaces: 12

Property Overview

Offered for the first time in over 30 years, this magnificent apartment building (on separate titles) is nothing short of pure investment gold. To be sold as one, it offers a rare once-in-a lifetime opportunity to transform 15 one bedroom apartments - ground floor with courtyards, 12 car spaces on title & a communal laundry on site into a lucrative business venture with strong returns on investment. Furthering the outstanding potential, it’s ideally placed to capitalise on the bourgeoning short-stays b & b holiday market due to the stunning location. Live as is & reap rewarding rents, or for minimal effort make your mark renovating or redeveloping (STCA) to the highest standards on a highly-sought-after allotment totalling 655m2*. The endless potential for the astute investor is clear, perfectly located close to transport, the famous Astor Cinema, Chapel street’s renown café’s, hip nightlife & boutique shops. Nestled on the cusp of St Kilda & Windsor, it’s minutes to either the CBD or beach & also conveniently located close to parks & schools. Don’t miss this unique opportunity to acquire a rare property in this high yield & rapid capital growth location. *Approximate Title Dimensions.

Location on Google Map

1-16/110 Wellington Street, St Kilda, 3182

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