5/13 Hughenden Road, St Kilda East VIC 3183

Ground-floor Art Deco | oversized layout | 10-unit boutique block | expansive communal gardens | heritage overlay This property presents a competitively rare offering within the St Kilda East apartment market, defined by its ground-floor position in a boutique, heritage Art Deco block of only ten residences. The oversized layout and direct access to substantial, serene communal gardens on a large land parcel provide a sense of space and character uncommon for a unit, appealing strongly to downsizers or professionals seeking period charm with modern updates in a low-density setting. Its configuration best serves an owner-occupier valuing privacy and greenery, or an investor targeting a premium tenant demographic. The primary decision hinges on the heritage overlay, which imposes specific costs and constraints on future alterations, requiring diligent due diligence. The recent listing history and comparable sales within the block provide a tangible opportunity to negotiate within a defined price band, supporting a buy-and-hold strategy for capital stability over speculation. Acquire this property for long-term occupation or as a lower-maintenance investment, using a professional valuation and tailored checks for heritage compliance and locality risks to secure its unique position. Recent sales in the same block provide critical value benchmarks. Unit 9/13 Hughenden Road is currently listed for sale. Another property in this block sold in November 2023. The subject unit itself last sold for $775,000 in February 2020. This data indicates established demand for the boutique block and provides a clear basis for assessing the current price expectations against its recent sales history.