104/109 Inkerman Street, St Kilda VIC 3182

North-facing one-bedder | parking and storage included | compact but functional | strong yield potential for investors This apartment offers a configuration that is increasingly sought after in St Kilda: a north-facing one-bedroom unit with a balcony, secure parking, and a storage cage. The combination of orientation, private outdoor space, and dedicated car space lifts it above much of the small-format stock in the area. At 44 square metres, the floor plan is compact, but the open-plan kitchen and living area, built-in robes, and heating make it liveable for a single person or couple. It suits first-home buyers wanting a lock-and-leave city base, investors chasing a high-yielding rental, or downsizers prioritising lifestyle over space. The low-rise building form and basement parking add to its appeal in a suburb where on-street parking is tight and newer developments often stack cars. The small floor area may limit appeal for buyers who need room to spread out, so the price must reflect the property’s size rather than its location. The last sale took nearly seven months to complete, which suggests the market for this type of unit can be slower when pricing is not aligned with buyer expectations. The strong rental yield may attract investors, but that demand may also push the price toward the upper end of the range. Any noise or transient activity from the busy inner-suburb setting should be factored in, as should the lack of confirmed lift access or building age. These factors may influence resale timing and should be weighed carefully.