14 Pakington StreetSt Kilda VIC 3182
Property Details for 14 Pakington St, St Kilda
14 Pakington St, St Kilda is a 14 bedroom, 14 bathroom Unit with 10 parking spaces. The property has a land size of 505m2 and floor size of 380m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (October 2024)
Please make contact for a private inspection.
Seize the chance to make your mark in this thriving market and step up to this extraordinary opportunity to experience limitless returns on a collection of 14 individually titled, modern one-bedroom apartments on a generous 697sqm (approx) allotment with 10 car parks including 2 garages. Situated in an unbeatable location at the heart of St Kilda, this rare gem is an investor's dream. To be sold as one, this remarkable property promises substantial rewards for astute investors seeking high-growth potential in a perpetually trendy locale, generating an impressive annual rental yield of $293,544 (approx).
Every apartment in this exceptional block is meticulously designed with quality fixtures and fittings, ensuring residents enjoy a modern and convenient lifestyle. The carefully planned open living and dining areas are illuminated with natural light, whilst the kitchens are defined by sleek aesthetics and functionality with Caesarstone benches and high-end Bosch appliances. The seamless integration of full-length balconies in upper-level apartments and courtyards in the ground-floor units cultivate a stunning indoor-outdoor living space, perfect for year-round entertaining. Bedrooms boast built-in wardrobes, while the bathrooms exude a crisp, clean aesthetic and are fitted with practical Euro laundries.
Each apartment is secured with fob entry, split system heating/cooling units, and fans for utmost comfort and peace of mind. Located mere steps away from the bustling mix of cafes, restaurants, and boutique shops on Chapel Street and Carlisle Street, this vibrant spot offers the ideal blend of convenience and charm. With easy access to city-bound trams on Brighton Road, nearby attractions like Alma Park and the St Kilda foreshore, and even a nearby Aldi supermarket, this location never goes out of style.
Property History for 14 Pakington St, St Kilda, VIC 3182
- 10 Apr 2024Listed for Sale Contact Agent
- 17 May 2021Sold for $2,521,000
- 20 Apr 2021Listed for Sale Please contact agent
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About St Kilda 3182
The size of St Kilda is approximately 3.2 square kilometres. It has 17 parks covering nearly 21.5% of total area. The population of St Kilda in 2011 was 17,796 people. By 2016 the population was 20,234 showing a population growth of 13.7% in the area during that time. The predominant age group in St Kilda is 30-39 years. Households in St Kilda are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Kilda work in a professional occupation. In 2011, 34.9% of the homes in St Kilda were owner-occupied compared with 33.5% in 2016.
St Kilda has 17,852 properties. Over the last 5 years, Houses in St Kilda have seen a 7.18% increase in median value, while Units have seen a -2.34% decrease. As at 31 October 2024:
- The median value for Houses in St Kilda is $1,569,643 while the median value for Units is $518,857.
- Houses have a median rent of $620 while Units have a median rent of $515.
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