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Cushman & Wakefield is pleased to present for sale Units 1-15, 34-36 Wellington Street, St Kilda.
This full-block offering presents a unique opportunity to acquire a collection of fifteen recently renovated, strata-titled apartments leased to a secured tenant. Located in a high-demand rental market, the property provides a secure long-term income stream and strong rental growth potential.
Key Property Features:
- Fifteen strata-titled one-bedroom apartments across three levels
- Gross annual rent over $402,900*
- Leased to secured tenant for a 3-year term with 10% annual rental increases
- 7 on-site, at-grade car spaces
- Generous site area of 768 sqm* zoned General Residential Zone (GRZ)
- High-quality renovations including new kitchens, bathrooms, flooring, fixtures, and upgraded communal areas
- Full turnkey fit-out inclusive of furnishings, appliances, kitchen and laundry essentials
- Approximately 5 km from Melbourne CBD with excellent connectivity via tram and train routes
- Walking distance to Chapel Street, Fitzroy Street, St Kilda Cricket Ground, and Albert Park Lake
For further details, please contact Cushman & Wakefield:
Joe Kairouz +61 421 430 638
Oliver Hay +61 419 528 540
Hamish Burgess +61 421 641 497
*Approximately
Remember to mention you found this property on CommercialReady
Cushman & Wakefield is pleased to present for sale Units 1-15, 34-36 Wellington Street, St Kilda.
This full-block offering presents a unique opportunity to acquire a collection of fifteen recently renovated, strata-titled apartments leased to a secured tenant. Located in a high-demand rental market, the property provides a secure long-term income stream and strong rental growth potential.
Key Property Features:
- Fifteen strata-titled one-bedroom apartments across three levels
- Gross annual rent over $402,900*
- Leased to secured tenant for a 3-year term with 10% annual rental increases
- 7 on-site, at-grade car spaces
- Generous site area of 768 sqm* zoned General Residential Zone (GRZ)
- High-quality renovations including new kitchens, bathrooms, flooring, fixtures, and upgraded communal areas
- Full turnkey fit-out inclusive of furnishings, appliances, kitchen and laundry essentials
- Approximately 5 km from Melbourne CBD with excellent connectivity via tram and train routes
- Walking distance to Chapel Street, Fitzroy Street, St Kilda Cricket Ground, and Albert Park Lake
For further details, please contact Cushman & Wakefield:
Joe Kairouz +61 421 430 638
Oliver Hay +61 419 528 540
Hamish Burgess +61 421 641 497
*Approximately
Remember to mention you found this property on CommercialReady
Units 1-15, 34-36 Wellington Street, St Kilda, VIC, 3182
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
