168 Carlisle StreetSt Kilda VIC 3182
Property Details for 168 Carlisle St, St Kilda
Last Listing description (August 2023)
Teska Carson is pleased to offer 168 Carlisle Street, St Kilda for Public Auction on Thursday 31 August 2023 at 12 noon on site.
This is a brilliant opportunity for owner occupiers, investors, value add buyers and developers to secure a land rich investment with holding income and substantial upside in the vibrant and eclectic bayside suburb of St Kilda.
Key attributes of this offering include:
- Current income of $94,634 per annum plus GST & Outgoings
- Lease expires 26 January 2026 with no further options
- Leased to McGrath St Kilda a subsidiary of one of the most successful Real Estate franchises in Australia
- 189sqm of existing improvements are in immaculate condition
- A total site area of 403sqm* and zoned Commercial 1 providing multiple development outcomes (STCA)
- On-site parking for 9 cars accessible via rear lane way from Duke Street
- Ideally positioned 1.5km from St Kilda beach, a major tourist hub and drawcard for the area
- St Kilda has evolved into a highly sought-after and prosperous bayside location, with popular retail and entertainment precincts, Fitzroy, Chapel and Acland Streets in close proximity
- Close proximity to major arterial routes including St Kilda Road, Brighton Road and Dandenong Road, as well as all forms of public transport.
Please do not hesitate to call for further information.
*approximate
Property History for 168 Carlisle St, St Kilda, VIC 3182
- 31 Aug 2023Sold for $2,400,000
- 19 Jul 2023Listed for Sale Contact Agent
- 15 Dec 2015Listed for Rent - Price not available
Recent sales nearby
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About St Kilda 3182
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 18,698 properties. Over the last 5 years, Houses in St Kilda have seen a -4.52% decrease in median value, while Units have seen a -0.59% decrease. As at 30 April 2026:
- The median value for Houses in St Kilda is $1,570,539 while the median value for Units is $548,292.
- Houses have a median rent of $900 while Units have a median rent of $550.
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