SOLD
Sold on 08 Mar 2024 for $715,000

1/89A Alma Road
St Kilda East VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 80m2
Sold By
Barry Plant Docklands & Yarra's Edge
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Property Details for 1/89a Alma Rd, St Kilda East

1/89a Alma Rd, St Kilda East is a 2 bedroom, 1 bathroom Unit and was built in 1865. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in St Kilda East in the last 12 months.

Building Type
Unit
Year Built
1865
Floor Size
80m2
Local Government
Port Phillip
Lot/Plan
1/PS618091

Last Listing description (May 2024)

Welcome to the one and only Kangatong Mansion dating from 1861 at the start of the gold rush. It's one of the most historic buildings in St Kilda! First time on the market since 1994 in this tightly held area. Impeccably and completely refurbished with period features, 5 star energy rating, fire and acoustic separations, modern wiring, plumbing, heating. Modern comfort, old fashioned charm. What a combination. Not a cent to spend and all the glamour of a beautiful building in a beautiful setting with extensive common grounds, set well back from the street. This is a unique opportunity to purchase a part of this wonderfully subdivided property the current subdivision dating from 2010. The building is listed in RMIT Professor Miles Lewis' "Melbourne's Mansions" web site. the whole building was Re-designed by Mewton & Grounds as Bhadohl apartments in 1933 The vendors have owned this fantastic apartment for over 30 years, so opportunities like this rarely arise. Secure your inspection immediately as this won't last long! Why buy a mid 20th century catwalk flat when you can have this grand apartment?

Whether you're a first home buyer tapping into the market or a savvy investor (bringing a 5.5% return approx) this ground-floor apartment with a spacious outdoor patio/deck area delivers hassle-free, secure living in an exclusive boutique block. Grandly proportioned & light-filled, the apartment features a large living and dining room with a 3 point Daikin reverse-cycle air conditioner, fully equipped refurbished kitchen with Blanco appliances (including dishwasher) & a modern bathroom with galaxy and white crystal surfaces & laundry facilities. Both bedrooms are zoned away from the living area, one next door to the outside deck, so that you really capture that traditional household feeling with the deck and backyard. The property also includes three private entrances, and jaw-dropping 14-foot ceilings.

Other features include Art Deco details, Rinnai temperature-controlled hot water, and secure intercom entry.

Property History for 1/89a Alma Rd, St Kilda East, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$715,000
08 Mar 2024
Listed for Rent
$500/w
03 Jan 2023
  • 08 Mar 2024
    Sold for $715,000
  • 31 Jan 2024
    Listed for Sale $675,00 to $740,000
  • 22 Nov 2022
    Listed for Rent $500 / week
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About St Kilda East 3183

The size of St Kilda East is approximately 2.3 square kilometres. It has 9 parks covering nearly 6.8% of total area. The population of St Kilda East in 2011 was 12,574 people. By 2016 the population was 13,120 showing a population growth of 4.3% in the area during that time. The predominant age group in St Kilda East is 30-39 years. Households in St Kilda East are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Kilda East work in a professional occupation. In 2011, 45.8% of the homes in St Kilda East were owner-occupied compared with 44.3% in 2016.

St Kilda East has 7,825 properties. Over the last 5 years, Houses in St Kilda East have seen a 24.43% increase in median value, while Units have seen a 5.71% increase. As at 31 August 2024:

  • The median value for Houses in St Kilda East is $1,832,088 while the median value for Units is $581,464.
  • Houses have a median rent of $775 while Units have a median rent of $510.
There are currently 15 properties listed for sale, and 16 properties listed for rent in St kilda east on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in St kilda east.

Suburb Insights for St Kilda East 3183

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.