232/416a St Kilda Rd, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 1834m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
Investors Please Note:The property could return in the vicinity of $550 to $580 per week. A spectacular presentation of sunlit space, this vast 1 bedroom (plus study) apartment sets the bar high for style, setting and stunning views sweeping over Port Phillip Bay. The coveted St Kilda Road address only adds to the appeal! The lifestyle here is simply unmatched with an easy walk to Albert Park Lake, Royal Botanic Gardens, Woolworths, Anzac trains, and a choice of tram lines.The sheer amount of air-conditioned space will inspire from the very first step inside. Glide across all-new floorboards and make an instant connection with wide-reaching open-plan living and dining. A chef-friendly kitchen boasts a breakfast bar, full-sized dishwasher, and a 4-burner gas cooktop. Perched high on the 23rd floor of the prized Promenade complex, step outside to the star of the show. A private balcony reveals an uninterrupted aspect extending across the neighbourhood and landing on the blue-water beauty of Albert Park Lake and Port Phillip Bay. The newly carpeted bedroom is generously scaled, filled with light, and shares the striking outlook, superbly serviced by built-in robes and a central bathroom with a shower over a bathtub. An additional highlight is the opportunity to work from home in the dedicated space of a full-sized study. Freshly painted throughout, special features include secure car parking, a storage cage, laundry capability with a wall-mounted dryer, split-system heating and cooling, and brand-new LED lighting and roller blinds.Promenade comes complete with intercom security, lift access, and exclusive use of a tennis court, heated indoor pool, fully equipped gym, and a BBQ terrace. Tightly held by the one owner for over 25 years, act quickly as this one will impress investors as well as owner-occupiers!Outgoings:Council Rates: $306.00 per quarter approx.Water Rates: $176.00 per quarter approx.Owners Corporation Fees: $1,287.00 per quarter approx.* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
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 13,832 properties. Over the last 5 years, Houses in Melbourne have seen a -21.25% decrease in median value, while Units have seen a -4.84% decrease. As at 30 June 2026:
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