1103/452 St Kilda RoadMelbourne VIC 3004
Property Details for 1103/452 St Kilda Rd, Melbourne
Last Listing description (June 2024)
Embark on a journey into luxury investment living with this exceptional hotel room, promising a substantial annual income of $15,526 per annum + GST + Outgoings. Enveloped in the assurance of a robust 5-year lease, extendable across 5 terms of 5 years each, this opportunity is tailor-made for discerning investors seeking remarkable returns and long-term stability. Excellent opportunity to purchase well both from a price per square meter as well as an in pocket return whilst protecting your investment knowing an unbeatable view across St Kilda Rd and beyond can't be beaten.
Indulge in the impeccable ambiance of this meticulously crafted space, nestled in a coveted corner along St Kilda Rd. Boasting an expansive north-facing balcony, you can soak in breathtaking views and bask in the warmth of the sun on your private oasis. With a flexible layout, customize the space to suit your personal preferences or maximize its investment potential.
Highlighted Features:
* Lucrative Lease: Presently leased at $15,526 per annum, ensuring a steady and substantial revenue stream.
* Expansive North-Facing Balcony: Your own private retreat offering stunning views and natural light.
* Flexible Layout: Tailor the space to your desires, whether for personal enjoyment or investment optimisation.
* Prime Location: Embrace the prestige of St Kilda Rd, attracting Melbourne visitors in search of luxury and convenience.
* Secure Environment: Enjoy peace of mind with a secure entrance, ensuring tranquility for residents and investors alike.
Opportunities as captivating as this are rare. Seize the moment to secure your stake in this extraordinary investment. Contact us now to claim this unmatched opportunity for enduring returns and expansion into the future.
Property History for 1103/452 St Kilda Rd, Melbourne, VIC 3004
- 19 Jun 2024Sold for $145,000
- 05 Jun 2024Listed for Sale Contact Agent
- 28 Mar 2011Sold for $434,150
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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 13,428 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.
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