Anonymous couple leases St Kilda block for $1

An anonymous Melbourne couple bought an entire rundown St Kilda apartment block and leased it to youth homelessness charity Bridge It for just $1 a year. The $2m renovation will create supported homes for 14 young people at a time. An anonymous Melbourne couple bought an entire rundown St Kilda apartment block and handed it to a youth homelessness charity on a 20-year lease costing just $1 a year. The extraordinary deal was announced last year, but the building’s $2m transformation has now reached a critical stage, with Bridge It struggling to find plumbers and electricians willing to donate their time before residents begin moving in from November. The block will contain 14 self-contained studio apartments for young women and gender diverse people aged 16 to 21, plus a shared space for meals, therapy and support.RELATED: ‘You can’t’: Couple’s Block move stuns Cam Melb $400k school zone loophole Ocean Grove commercial hub sells for nearly $6m The anonymous benefactors said they wanted their money to help people escape difficult circumstances rather than simply manage the immediate crisis. “We did not want to just write a cheque to a big charity and have our funds disappear into an ...