1407/452 St Kilda RoadMelbourne VIC 3004
Property Details for 1407/452 St Kilda Rd, Melbourne
1407/452 St Kilda Rd, Melbourne is a 1 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 1891. The property has a land size of 2323m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (December 2024)
Here's your chance to secure a solid investment with guaranteed income in a prime Melbourne location. This hotel suite at 1407/452 St Kilda Road generates an impressive annual income of $16,252 and is secured by a 5-year lease with multiple renewal options (5x5x5x5 years), offering peace of mind and long-term stability for savvy investors. Being 39m2 (approx), with a good sized balcony nad nice outlook you can't go wrong.
Features Include:
* Reliable Rental Income: Enjoy consistent returns with a current annual income of $16,252, making it a lucrative addition to your portfolio.
* Sought-After Location: Situated along the prestigious St Kilda Road, one of Melbourne's most desirable business and leisure districts, the property benefits from high demand and strong capital growth prospects.
* Flexible Office Space: The versatile layout is suited to a variety of business needs, offering flexibility for future tenants or investors.
* Well-Maintained & Secure: The building boasts a secure entry and is meticulously maintained, providing a professional atmosphere that enhances tenant retention.
* This is an outstanding opportunity for cash buyers seeking a high-return, low-risk investment in a prime Melbourne location. Don't miss out on this rare chance to secure a long-term income stream with exceptional growth potential.
Contact us today to arrange a viewing and take advantage of this exceptional investment!
Property History for 1407/452 St Kilda Rd, Melbourne, VIC 3004
- 16 Oct 2024Sold for $145,000
- 03 Oct 2024Listed for Sale Contact Agent
- 26 Nov 2010Sold for $422,205
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About Melbourne 3004
The size of Melbourne is approximately 3.8 square kilometres. There are 14 parks, covering nearly 74.2% of the total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.
Melbourne has 13,690 properties. Over the last 5 years, Houses in Melbourne have seen a 55.43% increase in median value, while Units have seen a -3.58% decrease. As at 30 April 2026:
- The median value for Houses in Melbourne is $2,238,081 while the median value for Units is $645,498.
- Houses have a median rent of $720 while Units have a median rent of $650.
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