1 Alma Rd, St Kilda is a 11 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 424m2. While the property is not currently for sale or for rent, it was last sold in November 1992.
A rare opportunity for the enterprising investor or developer to buy into a slice of history in a prime St Kilda East location.
Originally built at the height of the Gold Rush in the early 1860s, the entire block of 5 separately titled, massively scaled apartments is to be sold as one or as individual apartments. Redesigned in 1930 with Art deco features by renowned architect Roy Grounds, this historically significant mansion block 'Kangatong' was fully updated to five-star standards in 2010. Desirably zoned in General Residential Schedule 1, it's an ideal zone giving you the freedom & opportunity to increase the density of the footprint with a sympathetic addition/extension (STCA).
The ground floor & first floor each feature 2 x 2-bedroom apartments & the entire top-floor by a unique 3-bedroom penthouse looking over St Kilda towards the bay.
Each grandly proportioned, light-filled apartment feature a fully equipped refurbished kitchen, heating, modern bathroom with galaxy granite surfaces & laundry facilities, deck/balcony, soaring high ceilings, Rinnai temperature controlled hot water, secure intercom entry & a car space protected by remote-control driveway gates.
In addition, all the apartments have been rewired & replumbed & there are 10 allocated spaces for bicycles.
Enhancing the appeal is the blue-chip location, which is across the road from beautiful Alma Park, moments from tram routes & within close walking proximity to Chapel & Carlisle Streets, Windsor & Balaclava Stations, Albert Park & Lake & all the famous attractions of St Kilda & the Beach.
Don't miss out on your chance to buy into your piece of Marvellous Melbourne at its best.
The size of St Kilda is approximately 3.2 square kilometres. It has 17 parks covering nearly 21.5% of total area. The population of St Kilda in 2016 was 20230 people. By 2021 the population was 19490 showing a population decline of 3.7% in the area during that time. The predominant age group in St Kilda is 30-39 years. Households in St Kilda are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Kilda work in a professional occupation.In 2021, 37.10% of the homes in St Kilda were owner-occupied compared with 33.50% in 2016.
St Kilda has 18,609 properties. Over the last 5 years, Houses in St Kilda have seen a -6.72% decrease in median value, while Units have seen a -1.41% decrease. As at 31 March 2026:
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