Back 402/12 Martin St
Off Market

402/12 Martin St

St Kilda VIC 3182

2
1
House
Last sold for $525,000
Kristian BonniciKristian Bonnici, last sold this property on 25 January 2020 after 264 days on market.

Overview

Sleek, Contemporary Penthouse with Views

Situated in a trendy boutique building, 1 of 3 apartments on the top floor; this penthouse apartment has air conditioned open living and dining areas that lead to a balcony with views of leafy St. Kilda and its famous library. The main bedroom has mirrored built-in robes and ceiling fans and the second bedroom may alternatively be used as a study. The deluxe bathroom is generous in size and fully tiled with combined shower and bath. The kitchen has modern stainless steel Miele appliances, stone kitchen, integrated dishwasher and fridge. Everything has been thought of and built into the design and layout:- The apartment has a Secure car park and intercom entry, Euro laundry, elevator, storage cage, Well kept gardens exclusive only for apartment residents and an internal atrium with a retractable roof. Nestled between 3 tram lines and walking distance from the station.; the property is a stone's throw to the shopping precinct and all the amazing lifestyle advantages of Carlisle, Chapel and Acland Streets with their trendy cafes, restaurants and gyms, and the most popular beach in Melbourne - St. Kilda Beach. Close to the city and Monash Uni, This apartment would make an elegant home or an easy to rent rental investment. It's easy living would also suit a downsizing option. The owner's corporation is approximately $2,264 per year. The rental return is approximately $550 per week.

Features

2 bedrooms
1 bathroom
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in St Kilda over the last 12 months, the estimated median property value of 402/12 Martin St is $1.05m.

Median value
$1.05m
Estimated value range
$650k - $1.3m
Median days on market
25
Estimated value trend
-18%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in St Kilda. 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 402/12 Martin St

2024
Rented
Undisclosed
Leased on 01 Aug 2024 by Changing Places Real Estate Consultants
2020
Sold
$525,000
25 Jan 2020 by Kristian Bonnici, of Bonnici Real Estate

Happy sellers in St Kilda

72%
72% of sellers in St Kilda reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 111 reviews in St Kilda over the last 12 months.

Local market activity for 2 bedroom houses in St Kilda

In the last 12 months, 22 two-bedroom houses similar to 402/12 Martin St, have been sold.

This represents a 37% decrease in two-bedroom houses sales when compared to the previous 12 months.

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