FOR SALE
$295,000 - $310,000

1328/572 St Kilda Road
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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8.6% Gross Return - Exceptional Investment Opportunity

• 8.6% Gross Annual Return
• Current Rental Return: $2,107
• Leased until July 2024 (Options to Renew Lease or Vacate and Occupy)
• Views Of Albert Park Lake, Port Phillip Bay and The Grand Prix Circuit
• Drive-In Car Space
• Secure Intercom Entry
Welcome to 1328/572 St Kilda Road, an exceptional 1-bedroom, 1-bathroom, 1-carpark apartment, perfectly poised for investors seeking an impressive 8.6% return.
Situated in the sought-after Seasons Heritage Melbourne complex, this property embodies modern, inner-city living at its finest. Boasting a prime location on the prestigious St Kilda Road, residents enjoy close proximity to the serene Albert Park Lake, vibrant St Kilda Beach, and the bustling attractions of Chapel Street.
Step inside to discover a contemporary living space adorned with quality finishes. The dedicated entry foyer leads seamlessly into the sleek stone kitchen equipped with stainless steel appliances, flowing effortlessly into the inviting living/meals zone. From here, step out onto the balcony and soak in breathtaking views of Albert Park Lake and Port Phillip Bay.
The bedroom features a built-in robe and balcony access, while the well-appointed bathroom includes convenient laundry facilities. Additional highlights of this property include secure intercom entry, access to a fully-equipped gymnasium, and the historic backdrop of the adjoining Warwillah Mansion, ensuring unobstructed views for years to come.
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Property Details for 1328/572 St Kilda Rd, Melbourne

1328/572 St Kilda Rd, Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White Southbank | Port Phillip.

Building Type
Apartment

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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 13,569 properties.

    There are currently 97 properties listed for sale, and 73 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 608 properties were sold in the past 12 months in Melbourne.

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    Tommy-Lee Davies
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    Ray White Southbank | Port Phillip
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