301/25-29 Alma Road

Elevated, spacious, and exceptionally versatile, this impressive two-bedroom, two-bathroom residence presents a standout opportunity for both savvy investors and lifestyle buyers alike. Positioned on the 3rd floor of a high-quality development, the apartment is offered fully furnished (optional) and is completely rent-ready, allowing for immediate income with zero downtime. Defined by its expansive 33.5sqm wrap-around terrace, this home delivers a rare indoor-outdoor lifestyle that significantly enhances tenant appeal and rental performance. Whether targeting executive tenants, relocators, first home buyers or down-sizers, the scale and flexibility here are a clear point of difference in the St Kilda market. Inside, a light-filled open-plan living and dining domain seamlessly connects to the oversized terrace-ideal for entertaining or relaxed everyday living. The sleek kitchen is fitted with premium SMEG appliances, soft-close cabinetry, and a breakfast bar, while double-glazed windows and quality engineered finishes ensure durability and low-maintenance ownership. The generous master suite includes mirrored built-in robes, a stylish ensuite, and a dedicated study nook-perfect for the growing demand for work-from-home functionality. The second bedroom, also with terrace access and built-in robes, is serviced by a modern central bathroom with integrated laundry. Additional features include reverse-cycle heating and cooling, secure intercom entry, lift access, basement parking (non-stacker), a storage cage, and exclusive access to resort-style rooftop amenities including a rooftop spa pool and BBQ area-further boosting tenant desirability. With a total area of 104sqm (approx.), comprising 70.5sqm internally and an impressive 33.5sqm externally, this apartment offers a scale rarely seen in comparable properties-translating directly into stronger rental returns and broader tenant appeal. Located moments from Albert Park Lake, Fitzroy Street dining, Chapel Street nightlife, and the beach, this is a high-demand rental pocket with consistent occupancy and long-term growth upside. Move straight in, lease out immediately, or capitalise on the flexibility to furnish or unfurnish to suit your strategy-this is blue-chip bayside investing without compromise. PLEASE NOTE: *Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent. * Photo ID required at all open for inspections