Advantage Property Consulting has developed a successful group block strategy where we source and negotiate the purchase of whole blocks of boutique apartments on behalf of a syndicate of investors and homebuyers.
St Kilda is located 6 km south of the CBD. Located in Melbourne's inner southern suburbs, St Kilda is a mixed use suburb, with significant commercial areas along Acland and Fitzroy Streets. St Kilda features a young population, mainly from the 25-34 year age group. The suburb is also a popular tourist destination, with attractions such as Luna Park and the St Kilda Foreshore precinct. St Kilda also feature the Junction Oval, St Kilda Pier and the St Kilda Botanical Gardens.
Block of one and two bedroom updated apartments with balconies, courtyard, terraces and car parking. One bedroom apartments from $295,000 and two bedroom apartments from $425,000.
Current rental approximately from $335 per week (one bedroom) and from approximately $440 per week (two bedroom).
External Renovation Contribution and Fee
Each buyer will be required to commit between $5,000 each (approx.) for the external renovations to be carried out through the Owners Corporation. The consulting fee applicable for sourcing, negotiating and managing this opportunity is $13,750 (inc gst).
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For further information on our Group Block purchases and information relating to this property, please contact our office on 03 9883 8900 for a no obligation meeting.