1202/452 St Kilda RoadMelbourne VIC 3004
Property Details for 1202/452 St Kilda Rd, Melbourne
Last Listing description (May 2024)
Prepare to be captivated by this exceptional hotel room, offering a substantial annual income of $14,185 per annum for the astute investor. With the security of a robust 5-year lease, extendable across 4 further terms of 5 years each, this opportunity is perfectly tailored for wise investors seeking remarkable returns and long-term stability. Immerse yourself in the exquisite ambiance of this meticulously crafted space, nestled in a coveted corner along St Kilda Rd.
Highlighted Features:
* Lucrative Lease: Currently leased at $14,185 per annum, ensuring a steady and substantial revenue stream.
* Prime Location: Embrace the prestige of St Kilda Rd, appealing to discerning Melbourne visitors seeking luxury and convenience.
* Secure Environment: Enjoy peace of mind with a secure entrance, guaranteeing tranquility for residents and investors alike.
Opportunities as compelling as this are rare. Seize the moment to secure your stake in this extraordinary investment. Contact us now to seize this unmatched opportunity for enduring returns and expansion into the future.
Property History for 1202/452 St Kilda Rd, Melbourne, VIC 3004
- 02 May 2024Sold for $132,500
- 01 Apr 2024Listed for Sale Contact Agent
- 12 Nov 2010Sold for $376,680
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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.
Suburb Insights for Melbourne 3004
Market Insights
Melbourne Trends for Houses
N/A
N/A
View TrendN/A
N/A
Melbourne Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
