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1134/572 St Kilda Road,
Melbourne 3004, Victoria

1 bedroom
1 bathroom
Studio

$220,000


Property details

Flexible Investment with High Rental Yield in Prime St Kilda Road Location

• Great investment opportunity with very high rental yield of more than 8% per annum*
• One-bedroom apartment with flexible potential - no commercial lease in place.
• Bright open-plan living and dining space with modern finishes.
• Sleek kitchen fitted with stainless steel appliances.
• Spacious bedroom with built-in robes for ample storage.
• Stylish bathroom with integrated laundry facilities.
• Secure intercom entry for peace of mind.
• Access to residents' facilities including a fully equipped gym.
• Prime St Kilda Road location close to Albert Park Lake, Chapel Street, and the CBD.
• Option for owner-occupiers, investors, or short-stay operators.

Perched high on level 11, this apartment delivers light-filled living with a design that's as practical as it is stylish. The open-plan layout seamlessly blends living and dining, while the sleek kitchen with stainless steel appliances adds both function and sophistication. The generous bedroom, complete with built-in robes, ensures a comfortable retreat, while the well-appointed bathroom with laundry facilities makes everyday living effortless.

Residents enjoy access to exclusive complex amenities, including a fully equipped gym designed for maintaining an active lifestyle without leaving the building. Secure intercom entry ensures peace of mind and adds another layer of value to the property, whether for an owner-occupier or a tenant.

Set in the iconic Seasons Heritage Melbourne on St Kilda Road, the apartment places the very best of Melbourne within easy reach. From the greenery of Albert Park Lake to the energy of St Kilda Beach, and the shopping and dining of Chapel Street, it's all right at your doorstep. The CBD is just a short tram ride away, while nearby attractions like Prahran Market, Fitzroy Street cafés, and Fawkner Park add to the appeal of this premier lifestyle address.

With no commercial lease restrictions, this property provides exceptional flexibility. It can be lived in by an owner-occupier, rented out long term, or explored as a short-stay investment option. For investors, this adaptability maximises rental return opportunities and provides freedom to pivot strategies as the market shifts, making it an appealing and versatile choice.

*Disclaimer: Rental yield figures are estimates only and may vary. Please seek independent advice before making investment decisions.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Due diligence checklist for home and residential property buyers.


Explore the area


School catchments

  • Wesley College Combined Prep-12 Independent 0.29km
  • Wesley College - St Kilda Road Junior Campus Combined Independent 0.75km
  • South Yarra Primary School Primary Prep-6 Government 0.89km
  • Christ Church Grammar School Primary Prep-6 Independent 1.1km
  • St Kilda Park Primary School Primary Prep-6 Government 1.2km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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