{"id":35452,"date":"2024-02-16T16:24:19","date_gmt":"2024-02-16T08:24:19","guid":{"rendered":"https:\/\/www.raywhitehk.com\/?post_type=commercials&#038;p=35452"},"modified":"2025-04-09T18:52:45","modified_gmt":"2025-04-09T10:52:45","slug":"serviced-apartments-palmerston-crescent-south-melbourne-vic","status":"publish","type":"commercials","link":"https:\/\/www.raywhitehk.com\/en\/commercials\/serviced-apartments-palmerston-crescent-south-melbourne-vic\/","title":{"rendered":"Serviced Apartments &#8211; Palmerston Crescent, Melbourne"},"content":{"rendered":"\n<p><strong>Dominant Melbourne Hotel Investment Nearby Crown Casino<\/strong><\/p>\n\n\n\n<p><strong>Location: City Edge South Melbourne Serviced Apartments &#8211; 51-59 Palmerston Crescent, Melbourne VIC<\/strong><\/p>\n\n\n\n<p>The key highlights of the opportunity include:<\/p>\n\n\n\n<ul>\n<li>Newly developed 69 room hotel, on the footsteps of the Melbourne CBD<\/li>\n\n\n\n<li>Underpinned by a 10 year lease plus options with fixed 4% annual increases<\/li>\n\n\n\n<li>Prominent 789 sqm* Commercial 1 Zone landholding, with direct exposure to Kings Way<\/li>\n\n\n\n<li>Only a stone\u2019s throw away from prominent tourist locations including Crown Casino, MSAC &amp; the CBD<\/li>\n\n\n\n<li>Complemented by 27 basement car spaces in addition for future value add with the inclusion of a retail tenancy on the ground floor<\/li>\n\n\n\n<li>Net annual income of $1,421,300* (fully leased)<\/li>\n<\/ul>\n\n\n\n<p>*This commercial listing item is in conjunctional with Stonebridge Property Group.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dominant Melbourne Hotel Investment Nearby Crown Casino Location: City Edge South Melbourne Serviced Apartments &#8211; 51-59 Palmerston Crescent, Melbourne VIC The key highlights of the opportunity include: *This commercial listing item is in conjunctional with Stonebridge Property Group.<\/p>\n","protected":false},"featured_media":35454,"template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"city":[11],"country":[30],"commercial_status":[261],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.raywhitehk.com\/en\/wp-json\/wp\/v2\/commercials\/35452"}],"collection":[{"href":"https:\/\/www.raywhitehk.com\/en\/wp-json\/wp\/v2\/commercials"}],"about":[{"href":"https:\/\/www.raywhitehk.com\/en\/wp-json\/wp\/v2\/types\/commercials"}],"version-history":[{"count":0,"href":"https:\/\/www.raywhitehk.com\/en\/wp-json\/wp\/v2\/commercials\/35452\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.raywhitehk.com\/en\/wp-json\/wp\/v2\/media\/35454"}],"wp:attachment":[{"href":"https:\/\/www.raywhitehk.com\/en\/wp-json\/wp\/v2\/media?parent=35452"}],"wp:term":[{"taxonomy":"city","embeddable":true,"href":"https:\/\/www.raywhitehk.com\/en\/wp-json\/wp\/v2\/city?post=35452"},{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.raywhitehk.com\/en\/wp-json\/wp\/v2\/country?post=35452"},{"taxonomy":"commercial_status","embeddable":true,"href":"https:\/\/www.raywhitehk.com\/en\/wp-json\/wp\/v2\/commercial_status?post=35452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}