14/82 Grey Street, St Kilda, VIC 3182

A fantastic opportunity for investors or those seeking an affordable, low-maintenance town base, this freshly painted, ground-floor north-facing studio offers exceptional convenience, with shops, cafes, supermarkets, restaurants, and public transport all just a short walk away. The apartment features a secure perimeter entrance, new double-glazed windows with security screens, an electric upright stove with oven, and a Westinghouse bar fridge, separate toilet in bathroom. Comfortable to enjoy now, it also offers scope to update the kitchen and bathroom to further enhance its value. Previously tenanted for seven years at $280 per week, it has a proven rental history and excellent long-term rental or Airbnb potential (subject to any applicable approvals). The well-maintained complex has also benefited from significant improvements, including a new metal roof, remote-controlled rear security gate, double-glazed security entry doors, and shared laundry facilities with well-maintained coin-operated machines. The interstate owner is motivated! Don't miss this affordable opportunity.