710/452 St Kilda RoadMelbourne VIC 3004
Property Details for 710/452 St Kilda Rd, Melbourne
710/452 St Kilda Rd, Melbourne is a 0 bedroom, 0 bathroom Unit and was built in 1891. The property has a land size of 2323m2 and floor size of 30m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (August 2023)
This hotel suite offers an investor a return over a long term lease difficult to find elsewhere. Recently occupying the property in May 2022 with four further options of five years thereafter with the next five year term in May 2027. These long term leases are rare to find and ever rarer to find with an incredible yield. Currently being used as a hotel you can expect it to be maintained immaculately. Located in a position along St Kilda Rd that is a desired position for Melbourne visitors to stay and enjoy everything this great state has to offer.
Features Include:
* Long term lease in place $13200 per annum approx lease
* 50% administration fund paid by tenants
* Open plan room
* Galley kitchen
* Modern sparkling bathroom
* Secure entrance
Be quick to enquire!
Property History for 710/452 St Kilda Rd, Melbourne, VIC 3004
- 30 May 2023Sold for $135,000
- 18 May 2023Listed for Sale Price on Application
- 19 Nov 2010Sold for $344,450
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 13,699 properties. Over the last 5 years, Houses in Melbourne have seen a 2.29% increase in median value, while Units have seen a 4.38% increase. As at 30 November 2025:
- The median value for Houses in Melbourne is $2,220,804 while the median value for Units is $664,041.
- Houses have a median rent of $625 while Units have a median rent of $650.
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