441 Inkerman StreetSt Kilda East VIC 3183
Property Details for 441 Inkerman St, St Kilda East
Last Listing description (March 2018)
Resort Brokers ID : LH003137
51 x 4 star suites and serviced apartments. Comprising of 30 standard and executive spa suites, 1 family suites, 14 studio and one bedroom apartments, 2 two bedroom townhouses and 4 three bedroom townhouses. All apartments and townhouses provide a fully-equipped kitchenette, generous bathroom, quality furnishings, broadband access and Foxtel.
The property enjoys the status as a Kosher Hotel and is known within the local and wider Jewish community as the place to stay when visiting the area. In this regard the business has a niche market.
The business is being offered un branded as, on sale Quest will remove its branding. The purchaser will have the option to trade as an independent or join an alternate accommodation group.
Occupancies consistently above 70% with annual turnover in excess of $2,000,000.
Property History for 441 Inkerman St, St Kilda East, VIC 3183
- 12 May 2014Listed for Sale $500,000
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About St Kilda East 3183
The size of St Kilda East is approximately 2.3 square kilometres. There are 9 parks, covering nearly 6.8% of the total area. The population of St Kilda East in 2016 was 13101 people. By 2021 the population was 12571 showing a population decline of 4.0% in the area during that time. The predominant age group in St Kilda East is 30-39 years. Households in St Kilda East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Kilda East work in a professional occupation.In 2021, 48.80% of the homes in St Kilda East were owner-occupied compared with 44.30% in 2016.
St Kilda East has 7,894 properties. Over the last 5 years, Houses in St Kilda East have seen a -9.13% decrease in median value, while Units have seen a -2.23% decrease. As at 31 July 2026:
- The median value for Houses in St Kilda East is $1,880,161 while the median value for Units is $594,020.
- Houses have a median rent of $923 while Units have a median rent of $550.
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