833/572 St Kilda RoadMelbourne VIC 3004
Property Details for 833/572 St Kilda Rd, Melbourne
833/572 St Kilda Rd, Melbourne is a 1 bedroom, 1 bathroom House and was built in 2008. The property has a land size of 2332m2 and floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Last Listing description (July 2020)
Welcome to Seasons Heritage Melbourne on St Kilda Road. 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 one bedroom apartment currently returning $17,420 per year ($335.00 per week) until March 2023, with options of two (2) further terms of five (5) years each. As an added bonus, there are CPI rental increases built within the terms.
The apartment features a spacious open plan living, quality fittings and fixtures, sparkling modern bathroom, cooling and heating. The location is convenient 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.
Annual Lease - $17,420 per year ($335.00 per week)
Owners Corporation Admin Fees - $907 per quarter (Paid by Owner)
Water Rates - $170.00 per quarter
(Paid by Owner)
Council Rates - $150 per quarter (Paid by Owner)
(all fees are approx. based from the contract supplied please review to your own satisfaction prior to purchase )
Please note: This property is a serviced apartment it can't be owner occupied and so is suitable for investors only
Property History for 833/572 St Kilda Rd, Melbourne, VIC 3004
- 30 Nov 2019Listed for Sale $199,000 - $219,000
- 21 Jun 2019Listed for Sale $199,000 - $219,000
- 21 Jun 2019Sold for $205,000
Recent sales nearby
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0About 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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