Teska Carson is pleased to present 83 Alma Road, St Kilda for sale by Expressions of Interest closing Friday 26th June at 3pm.Located moments from Alma Park Gardens and a short walk to Chapel Streets highly populated shopping precinct, 83 Alma Road offers an opportunity to acquire a well-positioned apartment block in the sought after bayside location of St Kilda, ideally suiting investors, value-add buyers and developers.Key attributes of this offering include:- Comprising 12 x one-bedroom and 3 x two-bedroom units over three levels with on-site parking accessible off Alma Road.- 931sqm* of valuable land with zoning General Residential (GRZ).- Currently returning $238,824 per annum with zero vacancy.- Each level includes a coin operated washing machine for additional revenue.- Situated a short walk from Alma Park Gardens (170m) as well as 500 metres from Chapel Streets highly populated shopping precinct, comprising an array of shops, cafes and restaurants.- Close proximity to brilliant educational schools (St Michaels Grammar), public transport (Windsor Train Station & Tram 78) and Melbournes CBD (6km).- Alma Road and the surrounding area set to benefit from Neometros under construction boutique residential development at 97 Alma Road, comprising 41 apartments and 20 townhouses.- Nearby major arterial routes include Dandenong Road and St Kilda Road.- Brilliant bayside location, with St Kilda Beach under 2km away.For further information do not hesitate to contact Luke or Reece:Luke Bisset -0400 344 211Reece Israel -0433 572 343*approx.
The size of St Kilda is approximately 3.2 square kilometres. There are 17 parks, covering nearly 21.5% of the 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 18,686 properties. Over the last 5 years, Houses in St Kilda have seen a -12.61% decrease in median value, while Units have seen a -0.39% decrease. As at 30 June 2026:
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