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232/416a St Kilda Road, Melbourne$420,000
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232/416a St Kilda Road

Melbourne, VIC 3004, Australia
$400,000 – $440,000
1 bed 1 bath 1 car58 m²

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About this property

Expression of Interest (unless sold prior) ends Thursday 23rd July 2026 at 5pm. Investors Please Note: The property could return in the vicinity of $550 to $580 per week. A spectacular presentation of sunlit space, this vast 1 bedroom (plus study) apartment sets the bar high for style, setting and stunning views sweeping over Port Phillip Bay. The coveted St Kilda Road address only adds to the appeal! The lifestyle here is simply unmatched with an easy walk to Albert Park Lake, Royal Botanic Gardens, Woolworths, Anzac trains, and a choice of tram lines. The sheer amount of air-conditioned space will inspire from the very first step inside. Glide across all-new floorboards and make an instant connection with wide-reaching open-plan living and dining. A chef-friendly kitchen boasts a breakfast bar, full-sized dishwasher, and a 4-burner gas cooktop. Perched high on the 23rd floor of the prized Promenade complex, step outside to the star of the show. A private balcony reveals an uninterrupted aspect extending across the neighbourhood and landing on the blue-water beauty of Albert Park Lake and Port Phillip Bay. The newly carpeted bedroom is generously scaled, filled with light, and shares the striking outlook, superbly serviced by built-in robes and a central bathroom with a shower over a bathtub. An additional highlight is the opportunity to work from home in the dedicated space of a full-sized study. Freshly painted throughout, special features include secure car parking, a storage cage, laundry capability with a wall-mounted dryer, split-system heating and cooling, and brand-new LED lighting and roller blinds. Promenade comes complete with intercom security, lift access, and exclusive use of a tennis court, heated indoor pool, fully equipped gym, and a BBQ terrace. Tightly held by the one owner for over 25 years, act quickly as this one will impress investors as well as owner-occupiers! Outgoings: Council Rates: $306.00 per quarter approx. Water Rates: $176.00 per quarter approx. Owners Corporation Fees: $1,287.00 per quarter approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
58 m²
Listed
1 week ago

Repayment calculator

$2,036/month
$1,018 /fortnight
Loan $336,000 at 6.10% over 30 years

Upfront costs

Deposit$84,000
Stamp duty$20,270
Conveyancing (est.)$2,000
Total upfront$106,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This 1-bedroom apartment in Melbourne, VIC 3004 sits within reach of public transport, local shops and nearby schools. It is listed 38% below the $680,000 median of 75 comparable apartmentswithin 5 km.

Schools near Melbourne

  • Eltham College - Lonsdale Street Campuscombined
  • Melbourne Grammar Schoolcombined · Prep-12 · CoEd
  • Melbourne Grammar School - Wadhurst Campuscombined
  • Victorian College For The Deafcombined · U · CoEd
  • Wesley Collegecombined · Prep-12 · CoEd
  • Holmes Grammar Schoolsecondary · 11-12

What's nearby

  • Southgate Landing - Berth 1 (ferry)1.9 km away
  • Rapha3.0 km away
  • Market Street Park2.3 km away
  • Unnamed2.4 km away
  • Unnamed2.8 km away

Melbourne at a glance

Full suburb profile
Population
54,941
Median age
29
Household income
$1,448/wk
Median rent
$381/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 1 bed

Compound growth -0.8% / yr over 4 yrs

$345kcurrent median

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Price history

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1 price change recorded for this property

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