1403/452 St Kilda RoadMelbourne VIC 3004
Property Details for 1403/452 St Kilda Rd, Melbourne
Last Listing description (May 2024)
Indulge in the epitome of luxury investment living with this exquisite hotel room located at 1403/452 St Kilda Rd, Melbourne. Boasting a substantial annual income of $15,404, this property presents an unparalleled opportunity for astute investors seeking remarkable returns and untapped growth potential.
Property Highlights:
* Lucrative Lease: Currently leased at $15,567.55 per annum, ensuring a steady and substantial revenue stream
* Flexible Layout: Customize the space to suit your preferences, whether for personal enjoyment or investment potential
* Prime Location: Revel in the prestige of St Kilda Rd, drawing Melbourne visitors in pursuit of luxury and convenience
* Secure Environment: Enjoy peace of mind with a secure entrance, promising tranquility for both residents and investors alike
Opportunities Await:
Seize the moment to secure your stake in this extraordinary investment. With a robust 5-year lease and options to extend spanning 5x5x5x5 years, this offering is too compelling to miss. Reach out today to claim this unmatched opportunity for enduring returns and expansion.
Don't let this captivating opportunity slip away. Contact us now to secure your slice of St Kilda Rd elegance.
Property History for 1403/452 St Kilda Rd, Melbourne, VIC 3004
- 22 May 2024Sold for $145,000
- 29 Apr 2024Listed for Sale $165,000
- 18 Apr 2011Sold for $442,245
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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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