502, 452 St Kilda Road, Melbourne, VIC 3004

Hotel/Leisure

Sold $310,000

  • Property ID: 276495
  • Floor Area: 40m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 40m2 N/A N/A
Acquire a piece of art for your portfolio!

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.

Don’t let this opportunity pass you by!

CALL NOW FOR MORE INFORMATION ON 03 9863 8888

Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail --- $431 ---
Offices $5347 $568 10.62%
This is the average advertised price, rent and yield for Melbourne, VIC 3004*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 502, 452 St Kilda Road, Melbourne, VIC 3004. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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