7/33 Hotham Street, St Kilda East VIC 3183

Large north-facing mid-century flat | house-sized living on 100sqm | tandem parking for two | rare treetop outlook in St Kilda East This property offers a configuration that is increasingly difficult to find in the inner-city apartment market: genuine internal space over 100sqm, a north-facing aspect, and two car spaces on title. The floorplan, with a living and dining area that reads like a small house, positions it well against newer builds that trade volume for amenity. For a buyer seeking long-term liveability rather than investment leverage, the combination of solid mid-century bones, refurbished kitchen and bathroom, and split-system climate control in each room removes the need for immediate capital outlay. It suits owner-occupiers who value natural light, privacy, and a quiet treetop setting over proximity to the Chapel Street strip, though the location still delivers walkable access to Carlisle Street and Alma Park. The shared strata lot of 1339m² introduces the main risk: future special levies for common property works are possible, and the building’s age means buyers should budget for a contingency of at least $15,000 over five years. The tandem parking, while a rare advantage, requires careful manoeuvring and may not suit two regular-sized vehicles. Rental yield at around 4.8% is solid for the suburb, but capital growth will track the broader market rather than outperform given the absence of heritage or development overlay protection. For an owner-occupier, hold as a long-term home and treat the second car space as a bonus storage or guest parking asset.