23/1a St Kilda Rd, St Kilda is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 2346m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in August 2013.
A great return on your investment!
Leased to Quest Serviced Apartments for $19,126.76 PA this modern, sunny & spacious 1 bedroom apartment in excellent condition is the ideal set and forget investment property with regular cash flow.
Conveniently located within a few minutes walk to the St Kilda Road business district, the award winning restaurants & cafes, fashionable boutiques of Fitzroy Street and only 15 minutes from Melbourne's CBD by tram, 10 minutes walk from the beautiful sand of St Kilda Beach & just meters away from public transport. Close to ALL of Melbourne's premier sporting events - F1 Grand Prix, AFL, Australian Open and the magnificent MCG of which a highlight each year is the Boxing Day Test.
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 17,864 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:
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