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1003/452 St Kilda Road
Melbourne VIC 3004

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 39m2
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High-Yield Investment with Secure Returns in Prime Melbourne Location

Discover an exceptional chance to own a prime slice of Melbourne real estate with this elegantly appointed hotel suite at 1003/452 St Kilda Rd. Delivering consistent returns and unmatched potential, this property is an ideal choice for savvy investors seeking long-term growth and reliable income.
Key Features:
* Solid Annual Returns: Generating $15,826.90 annually, this investment offers a dependable income stream with future growth opportunities.
* North-Facing Balcony: Relax or entertain with uninterrupted views, bathed in natural light all year round.
* Versatile Space: Designed for both functionality and style, providing flexibility for a range of future options.
* Prestigious Location: Positioned in the heart of St Kilda Road's exclusive precinct, surrounded by Melbourne's finest attractions, dining, and transport options.
* Secure Investment: Enjoy the security of a long-term lease agreement, offering peace of mind and low-maintenance returns.
* Unbeatable Terms & Future Growth:
* With an existing 5-year lease and extension options spanning 5x5x5x5 years, this property is a standout opportunity to secure a steady income with enduring potential for appreciation.
Don't miss out on this exclusive investment gem! For further details or to arrange a private viewing, contact us today and take the first step toward securing your future in one of Melbourne's most sought-after addresses.

Property Details for 1003/452 St Kilda Rd, Melbourne

Building Type
Commercial
Floor Size
39m2

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About 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 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% 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 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 13,570 properties. Over the last 5 years, Houses in Melbourne have seen a 64.85% increase in median value, while Units have seen a -7.33% decrease. As at 30 November 2024:

  • The median value for Houses in Melbourne is $1,999,879 while the median value for Units is $648,017.
  • Houses have a median rent of $600 while Units have a median rent of $630.
There are currently 88 properties listed for sale, and 50 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 643 properties were sold in the past 12 months in Melbourne.

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