Opportunity exists for a wise investor to park their money in a long term solid lease. Currently leased to the the hotel "The Kinson" on a five year lease with three further terms of five years making it an obvious choice for the astute investor. Currently being used as a hotel you can expect it to be maintained immaculately. Located in a position along St Kilda Rd that is a desired position for Melbourne visitors to stay and enjoy everything this great state has to offer. Features Include: * Long term lease in place * 50% of Body Corp administration paid by tenants * Open plan room * Galley kitchen * Modern sparkling bathroom * Secure entrance Be quick to enquire!