SOLD
Sold on 23 Aug 2024 for $761,257

2/89A Alma Road
St Kilda East VIC 3183

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 92m2
Land area: 1099m2
Sold By
Barry Plant Docklands & Yarra's Edge
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Property Details for 2/89a Alma Rd, St Kilda East

2/89a Alma Rd, St Kilda East is a 2 bedroom, 1 bathroom Unit and was built in 1865. The property has a land size of 1099m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in August 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
92m2
Land Size
1099m2
Local Government
Port Phillip
Lot/Plan
2/PS618091

Last Listing description (October 2024)

Unit 2/89a Alma Rd is huge, impeccable and of grand proportions. Beneath its jaw dropping 18-foot ceilings (approx), two giant light-filled bedrooms, a sunny living room opening through to a huge deck which flows onto a generous courtyard and rear private garden. Large separate dining/living area, well-appointed modern kitchen, bathroom with laundry facilities and on-title parking space.

The property also includes private intercom security entrances, front and rear ground floor access. Art Deco details, Rinnai gas heating, gas water, smart fan lights and period fittings. Period charm with, modern wiring, plumbing, heating. Not a cent to spend.

At 140sqm approx. this unit is substantially larger than most - a half house by size, layout and character. It's metres from Alma Park, 10 minutes' walk to Balaclava or Windsor Stations, and approx. 20m from Chapel St tram. Situated in extensive common grounds, set well back from the street, giving it a quiet charm and grace. The vendors have owned this property for 30 years. This is the first time since 1994 it has been on the market.

This is a rare opportunity to purchase the last updated Kangatong Mansion apartment. Kangatong Masion dates from 1861 at the start of the gold rush. It was subdivided in 2010 and fully refurbished. It is listed on the Melbourne's Mansions website. It was re-designed by Mewton & Grounds (yes, the Roy Grounds who designed the NGV) as apartments in 1933. The rear bedroom features an original Roy Grounds designed art deco ceiling. Front bedroom features a Grounds designed black granite fireplace, mantle with electric flame effect heating. Five huge rooms, ample storage space, and development potential.

Whether you're a savvy first home buyer tapping into the market or a investor (bringing a 5.5% return approx.) this apartment delivers grand living in an ideal location. Contact Alexander to secure your inspection.
Do note we are open to offers prior to auction including conditional offers.

Property History for 2/89a Alma Rd, St Kilda East, VIC 3183

A timeline of how this property has performed in the market
Last Sold
$761,257
23 Aug 2024
Listed for Rent
$405/w
17 Nov 2020
  • 23 Aug 2024
    Sold for $761,257
  • 06 Aug 2024
    Listed for Sale $700,000 to $750,000
  • 11 Nov 2020
    Listed for Rent $405 / 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 7,768 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:

  • The median value for Houses in St Kilda East is $1,822,660 while the median value for Units is $581,287.
  • Houses have a median rent of $720 while Units have a median rent of $515.
There are currently 11 properties listed for sale, and 9 properties listed for rent in St kilda east on OnTheHouse. According to CoreLogic's data, 365 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.