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104/427 Hampton Street
Hampton, VIC 3188
$589,000
Overview
104/427 Hampton Street, Hampton VIC 3188
Inspection is by appointment only. This property presents a remarkable opportunity to acquire a turnkey investment or a first home, allowing immediate enjoyment of Bayside living without any effort. The apartment is beautifully located on Hampton Street, within walking distance to shops, restaurants, cafes, and the train line.
The apartment can be purchased fully furnished, including bedding, lounge, kitchen items, white goods, smart TV, rugs, and more, all less than one year old. This allows you to move in and relax from day one or continue using it as an investment property. It is currently managed by a local Airbnb management company with active bookings, enabling immediate income generation or the flexibility to block out dates for personal use. Access to the booking system is provided if the Airbnb arrangement is maintained.
Financially, the property has demonstrated strong returns, with an average rental income of $606 per week after expenses through the management company, approximately 40% higher than traditional rental methods. The owner has used the property frequently throughout the year, benefiting from this flexible arrangement. Detailed financial statements and booking histories can be provided to illustrate the property's popularity and income potential as a part-time Airbnb rental.
The building is well maintained to current standards, requiring no additional expenditure or risk for the new owner. The apartment itself is a stylish, secure first-floor unit featuring wide oak floors and an open-plan, sunlit living area. The kitchen is equipped with premier appliances, and a full-length balcony terrace offers leafy suburban views and a vibrant street atmosphere.
The accommodation includes two double bedrooms with built-in robes and a sleek, fully tiled bathroom with a European laundry, where appliances are neatly concealed within a cupboard. Comfort features include reverse cycle air conditioning, video intercom, double blinds, secure basement garaging, and a large storage cage.
Hampton Street is a lively precinct with a mix of cafes, restaurants, delis, boutiques, schools, beautiful beaches, and parks nearby. This apartment represents an exceptional opportunity for lifestyle or investment in a sought-after location.
Location
Hampton VIC 3188
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