409/452 St Kilda RoadMelbourne VIC 3004
Property Details for 409/452 St Kilda Rd, Melbourne
409/452 St Kilda Rd, Melbourne is a 1 bedroom, 1 bathroom House 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 December 2018.
Last Listing description (September 2019)
A fantastic addition to any savvy investor's portfolio. Securely leased and part of the renowned Seasons Hotel Group this investment opportunity is the perfect cash cow. This studio apartment currently returning $14,500 per year ($278.84 per week) until March 2023, with options of one (1) further term of five (5) years.
Annual Lease - $14,500 per year ($278.84 per week)
Owners Corporation Admin Fees - Paid by Seasons (Tenant)
Council Rates - $600.00 per year- Paid by Owner
(all fees are approx. based from the contract supplied please review to your own satisfaction prior to purchase )
The apartment features quality fittings and fixtures with cooling/heating and a sparkling modern bathroom. With transport at the door providing exceptional city access, and stroll to lively St Kilda Beach, Wesley College, Albert Park Lake/Golf Course and the tempting Fitzroy Street cafes and restaurants. Amenities include 24 hour concierge services, a gymnasium and a restaurant/bar on ground level.
Please note: This property is a serviced apartment. It can't be owner occupied and is only suitable for investors.
BONUS- Up to 21 nights of hospitality per year
Property History for 409/452 St Kilda Rd, Melbourne, VIC 3004
- 19 Dec 2018Sold for $291,000
- 10 Nov 2018Listed for Sale Not Disclosed
- 13 Jul 2010Sold for $358,825
Recent sales nearby
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About Melbourne 3004
The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% of 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 13,712 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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