16a Murchison St, St Kilda East is a 4 bedroom, 2 bathroom Unit. The property has a land size of 509m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom Unit sold in St Kilda East in the last 12 months.
To be sold as one, these two Art Deco apartments on one title present a rare opportunity to purchase a flexible and prominent duplex property on 500sqm (approx.) in a sought-after area of St Kilda East close to Chapel Street, Balaclava and Orrong Roads shops, cafes and trams.
The opportunities are as exciting as they are extensive refresh and rejuvenate each apartment and enjoy owner occupancy and/or investment success or renovate to create a stunning single residence in an outstanding address.
Remarkable period originality is evident from first glance to final detail throughout the interiors where unmistakable Art Deco lines are complemented inside by ornate ceilings above generous spaces.
Each apartment offers two double bedrooms, attractive living domains, north-facing kitchens, heating and tidy bathrooms, while the deep and private north facing rear garden includes two single lock-up garages and separate laundry room.
Whether you convert to a substantial single dwelling, live in one and lease out the other or renovate (STCA), this is an unmissable opportunity in an unmatched St Kilda East precinct.
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 7,770 properties. Over the last 5 years, Houses in St Kilda East have seen a 8.61% increase in median value, while Units have seen a -0.96% decrease. As at 31 October 2024:
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