MELBOURNE, AUSTRALIAFor full details, please contact us.
USD 302,026  - 455,803

MELBOURNE, AUSTRALIA

The wealthy beachfront neighbourhood of St Kilda, once a getaway for the rich, is now a trendy, bohemian area, just a stone’s throw from the CBD. This elegant three-storey apartment block at the heart of this vibrant area, is perfect for the young, affluent and growing population.
A two year rental guarantee at 5% per annum is available.

INTERNATIONAL MORTGAGES

available subject to status

PRICE RANGE

302,026 USD - 455,803 USD

PRICE PER SQUARE FOOT

Average 647 USD

BEDROOMS

1 / 2 / 3 Bedrooms

ESTIMATED RENTAL YIELD

Up to 5.1%

RENTAL GUARANTEE

2 year rental guarantee.

FACILITIES AND FEATURES

  • Stylish, modern new-build development in St Kilda’s exclusive and leafy east-end
  • Each unit includes a secure car parking space
  • Prime location just minutes to the beach
  • Close to the Chapel Street and Carlisle Street dining and entertainment areas
  • Tram stop less than 5 min walk
  • Easy access to the CBD (5km away)
  • Melbourne’s world-class universities easily reached by car or public transport
  • Two year rental guarantee at 5%

WHY MELBOURNE

Growth: Melbourne property has demonstrated high demand having risen by an average of 5% per annum over the past decade with property prices in the city increasing 11.1% in the year to February 2016

Affluence: The median personal weekly income of those living in St Kilda is AUD958 per week compared to AUD591 in Greater Melbourne, and AUD561 in Victoria

Currency: Weak AUD offers an attractive exchange rate for foreign investors, coupled with historically low interest rates

Rentals: 1.9% rental vacancy rate for Melbourne overall as of March 2016 and 61.4% of the St Kilda population is renting