Situated on the highly desirable South Esplanade, this fourth level apartment affords the beach lifestyle with direct access to the foreshore from the lobby.

The generous living space, bedroom and bathroom set this apart from your modern one bedroom apartments. External windows to each room including the kitchen provide plenty of natural light and views. Separate access to the main bathroom (with a bath!) allows for the bedroom to remain separate and private. Reverse cycle air conditioning and plenty of storage add to the appeal. This apartment would absolutely shine with a modern make over, or simply enjoy a solid income as it is with a history of minimal vacancy periods.

The Melrose Apartments have been tightly held over the years. Mainly due to the community feel and the privacy. Solid walls and ceilings throughout, they simply don't make them like this anymore.

$395,000

OFFER FORM LINK
https://forms.gle/c7y5YVArjpSJYuMT8

CT: 5017/551
Council: Holdfast Bay
Council Rates: $1,012.90pa (approx)
Water Rates: $167.74pq (approx)
Body Corporate: $1,047.90pq (approx) including Sinking Fund

RLA 275279