812/452 St Kilda RoadMelbourne VIC 3004
Property Details for 812/452 St Kilda Rd, Melbourne
Last Listing description (July 2024)
This property offers an excellent opportunity for the astute cash investor to capitalize in the current market. With a long-term lease featuring five-year options extending all the way to 2047, this investment promises stability and reliable returns. The Hotel Kinson currently rent this suite for $13059.67 per annum + GST + 50% admin fund. Located in a fantastic position along St Kilda Rd you can't beat the position.
Features Include:
* Long-Term Lease: Secure a stable income with lease options extending to 2047.
* Open Plan Room: Versatile and spacious layout for various uses.
* Galley Kitchen: Convenient and modern kitchen setup.
* Modern Bathroom: Sparkling and contemporary bathroom facilities.
* Secure Entrance: Enjoy peace of mind with a secure entry to the building.
Be quick to enquire and seize this unparalleled investment opportunity! Contact us now to learn more.
Property History for 812/452 St Kilda Rd, Melbourne, VIC 3004
- 27 Jul 2024Sold for $112,000
- 25 Jul 2024Sold
- 05 Jun 2024Listed for Sale $129,000 Negotiable
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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 13,566 properties. Over the last 5 years, Houses in Melbourne have seen a 131.21% increase in median value, while Units have seen a -4.96% decrease. As at 31 July 2024:
- The median value for Houses in Melbourne is $2,091,693 while the median value for Units is $640,848.
- Houses have a median rent of $630 while Units have a median rent of $625.
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