105/539 St Kilda Road, Melbourne VIC 3004

St Kilda Road address | 2-bed apartment | 9052m² land parcel | potential rental transition This unit presents a specific value proposition centred on its share of a substantial landholding in a premier boulevard location, a configuration increasingly rare in new stock. The two-bedroom, two-bathroom format with parking serves a durable buyer profile: the professional owner-occupier seeking entry into the precinct or the investor targeting the established rental demand implied by its current tenancy. Its position within a large-site building typically offers greater amenity and potential for capital stability tied to land value, rather than built form alone. The decision hinges on validating the building’s condition and financials, as the lack of data on age, strata health, and recent comparable sales represents a material pricing risk. The established tenancy provides immediate income but may limit owner-occupier entry. Proceed only with a stringent review of strata records and a building inspection to uncover any capital works liabilities. This property is best held as a long-term holding to realise the land-value advantage, with a view to eventual occupancy or portfolio diversification.