FOR SALE
$290,000 - $320,000

23/416 St Kilda Road
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Prime Location with Excellent Rental Income Potential

• Estimated 7.5% Gross Rental Yield
• Full Sized Kitchen With An Island Bench
• Study Nook Area
• Large Walk In Wardrobe
• 150m From Upcoming ANZAC Station
• 250m Radius From Melbourne Grammar, The Mac.Robertson Girls' High School, Fawkner Park, Albert Park Lake, Shrine Of Remembrance & Royal Botanical Gardens
Situated on the second floor of the highly sought-after City Condos complex, this expansive 1-bedroom apartment presents an exceptional opportunity for first-time homeowners, discerning investors, or anyone in search of a vibrant city retreat. With its generous layout and prime location, this residence caters to a wide array of lifestyles, making it a versatile choice for many! Just a short stroll away, you'll find the convenient St Kilda Road trams and the almost complete Anzac Station, as well as the picturesque Albert Park Lake, Kings Domain parklands, and a delightful selection of favorite cafes, theaters, and galleries in the dynamic Arts Precinct.
The open-plan living and dining area is both spacious and inviting, perfect for relaxing or entertaining. The kitchen is a true culinary delight, featuring a full-sized built-in island bench that includes a breakfast bar, along with a brand-new gas cooktop and a full-sized dishwasher-ideal for whipping up meals and hosting gatherings.
The bedroom is not only spacious and well-lit but also boasts a stylish walk-in robe concealed behind elegant mirrored doors. Additionally, the generously sized bathroom, conveniently located off the kitchen, ensures that you can entertain friends and family without requiring guests to pass through your private bedroom space.
Residents of City Condos are treated to a range of exceptional amenities, including access to a tennis court, a heated indoor pool, a well-equipped gym, and a BBQ terrace perfect for socializing and relaxation.
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Property Details for 23/416 St Kilda Rd, Melbourne

23/416 St Kilda Rd, Melbourne is a 1 bedroom, 1 bathroom Apartment. 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 13,427 properties. Over the last 5 years, Houses in Melbourne have seen a 15.95% increase in median value, while Units have seen a -5.15% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,437,130 while the median value for Units is $659,144.
  • Houses have a median rent of $620 while Units have a median rent of $625.
There are currently 89 properties listed for sale, and 48 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 633 properties were sold in the past 12 months in Melbourne.

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Tommy-Lee Davies
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Bence Balazs
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Ray White Southbank | Port Phillip
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