705/181 Fitzroy Street, St Kilda VIC 3182

7th floor modern two-two-one | premium St Kilda bayside strip | downsizer and investor demand | secure parking and dual bathroom edge The property’s competitive strength lies in its modern two-bedroom, two-bathroom configuration with secure parking on a high floor of a contemporary complex, a combination rarely available in St Kilda’s older stock. This positions it as a strong alternative to period apartments, appealing directly to downsizers and professionals who prioritise lock-and-leave convenience without compromising on lifestyle proximity to the beach and tram access. The dual bathrooms and dedicated car space are not common in this price tier and give the buyer a clear resale advantage over competing one-bathroom units. The primary risk is that the property sits within a large strata complex, where future levy increases or building management issues can affect holding costs and capital growth. Buyers should verify the sinking fund balance and recent special levies before proceeding. An opportunity exists to add value through minor interior upgrades such as modernised kitchen benchtops or improved storage, which could lift the property’s appeal to the next buyer without requiring structural work. Hold this property as a medium-term owner-occupied base or a stable rental investment, given its enduring demand from professionals and downsizers seeking a bayside address.