For investors seeking more than the traditional rental model, this stylish one-bedroom plus study apartment presents an exciting opportunity to tap into the strong demand for accommodation in one of Melbourne's most established lifestyle destinations.
Positioned in the heart of St Kilda, this light-filled apartment combines a highly desirable location with a practical investment layout, including a generous balcony, secure basement car space, air conditioning and a dedicated study.
The location is a major advantage. St Kilda Beach, Albert Park Lake, Catani Gardens, Fitzroy Street's cafés and restaurants, public transport and the CBD are all within easy reach, creating strong appeal for both long-term tenants and short-stay guests.
From an investment perspective, the numbers are compelling.
A conventional long-term rental strategy has the potential to deliver a yield of more than 5%, subject to the final purchase price and achievable rent.
For investors prepared to explore a furnished, short- or medium-term rental strategy, there is potential to generate a higher gross rental return than the traditional residential leasing model, particularly given the property's location and configuration. Depending on occupancy, management and operating costs, this creates the possibility of positive gearing.
Importantly, the property provides flexibility: retain the simplicity of a standard residential tenancy, or investigate a higher-yield furnished accommodation strategy.
The apartment itself is designed for easy living, with floor-to-ceiling windows bringing abundant natural light into the open-plan living and dining area, flowing directly to the balcony. The contemporary kitchen offers timber cabinetry, stainless-steel appliances and excellent storage, while the bedroom includes a walk-in robe and the central bathroom incorporates a bath and European-style laundry.
With its combination of accessible entry price, secure parking, strong lifestyle location and multiple rental strategies, this is an opportunity to consider for investors looking to build both income and flexibility into their property portfolio.
Investment highlights:
• Potential 5%+ gross rental yield under a conventional rental strategy*
• Potential for higher gross returns through furnished short- or medium-term accommodation*
• Potential for positive gearing, depending on purchase price, finance, rental income and expenses*
• One bedroom plus dedicated study
• Secure basement car space
• Generous private balcony
• Air conditioning
• Walk-in robe and excellent storage
• Moments from St Kilda Beach, Albert Park Lake and Catani Gardens
• Close to Fitzroy Street cafés, restaurants and public transport
• Highly flexible investment and lifestyle proposition
** Rental returns and yields are indicative only and depend on the final purchase price, achievable rent, occupancy, operating expenses, management fees, financing and other property-specific costs. Short-term accommodation is subject to applicable legislation, owners corporation rules and any other relevant requirements. Buyers should make their own enquiries and obtain independent financial and legal advice.**
*Virtual Staging included in this listing*
