2/41-43 Alma Road St Kilda VIC 3182

Ground-floor north-facing flat | private balcony over greenery | secure underground parking | near beach, trams, and cafes This ground-floor unit presents a competitively strong proposition for an owner-occupier seeking a low-maintenance, sunlit residence in a vibrant locale. Its north-facing orientation and private balcony overlooking greenery are rare advantages for a ground-floor apartment, enhancing liveability. The separate kitchen and secure underground parking add practical value, positioning it well for buyers prioritizing convenience and natural light within walking distance of St Kilda’s amenities. The decision hinges on the price achieved within the broad listed range. Comparable sales within the same building, ranging from $566,000 to $595,000 for similar configurations, establish a credible benchmark. Securing this property above the upper end of recent sales requires justification from its ground-floor appeal and refreshed condition. It serves best as a long-term hold, with its solid rental yield supporting investment logic. Proceed with an offer anchored to recent building sales, and utilise a property report to validate its specific market valuation and strata health. Recent sales in the same building provide a direct value comparison: – Unit 22 sold for $566,000 in November 2024. – Unit 14 sold for $595,000 after being held for seven years. This cluster confirms a current market ceiling around $595,000, making the lower end of this property’s asking range more commercially sound.