Back 20/194 Alma Rd
Off Market

20/194 Alma Rd

St Kilda East VIC 3183

1
1
1
Apartment
The VIP Consulting TeamThe VIP Consulting Team, last sold this property on 29 August 2025 after 88 days on market.

Overview

Large Top-Floor Apartment with huge balcony -7% rent return approx!

Set in a secure, modern complex, this large one-bedroom apartment is perfectly positioned on the sun-drenched top floor, offering a rare blend of space, style, and location. Whether you're looking for your next home or a blue-chip investment, this property is hard to beat. Just a short stroll to public transport and local shops, and close to vibrant Carlisle Street and Orrong Road shopping strip, you'll enjoy both convenience and tranquillity in equal measure. Recently upgraded throughout, the apartment features brand-new appliances and a renovated bathroom, adding to the modern appeal and ready-to-enjoy lifestyle. Features include: Generously sized bedroom with built-in robes and balcony access Expansive open-plan living and dining area with direct balcony access Huge north-east facing balcony perfect for entertaining or relaxing Sleek, modern kitchen with new stainless steel appliances and dishwasher Euro laundry and large separate renovated bathroom Secure underground parking on title (not stacker) with remote control gate access & internal access to the building . Low owners corp fees. Rental return potential - $490 -$500pw (7% rental return approx) - Last two apartments in complex that have leased have been $490pw & $500pw . Top floor apartment with no neighbours above Located just 30 minutes from the CBD via tram and moments to Chapel Street, leafy parks, and some of Balaclava's best cafes and eateries. Amazing first home, city pad or solid investment call now to inspect today and secure your future.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in St Kilda East over the last 12 months, the estimated median property value of 20/194 Alma Rd is $350k.

Median value
$350k
Estimated value range
$190k - $537k
Median days on market
26
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in St Kilda East. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 20/194 Alma Rd

2025
Sold
Undisclosed
Private Sale/Treaty on 29 Aug 2025 by The VIP Consulting Team, of Smart Property Manager - a Division of VIP Consulting Real Estate
2022
Rented
Undisclosed
Leased on 06 Jul 2022 by Smart Property Manager - a Division of VIP Consulting Real Estate
2017
Sold
$405,000
12 May 2017 by Richard Barker, of Whiting & Co Professionals

Happy sellers in St Kilda East

79%
79% of sellers in St Kilda East reported that their sale price either exceeded or met their price expectations.

St Kilda East stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 57 reviews in St Kilda East over the last 12 months.

Local market activity for 1 bedroom apartments in St Kilda East

In the last 12 months, 59 one-bedroom apartments similar to 20/194 Alma Rd, have been sold.

This represents a 20% increase in one-bedroom apartments sales when compared to the previous 12 months.

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