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434 St Kilda Rd - Asian Pacific House 925 SF Office/Medical Condo Unit Offered at $339,069 CAD in Melbourne, VIC 3004
Investment Highlights
- Entry-level corner office within the tightly held St Kilda Road commercial precinct
- Strong income profile with an existing 2-year lease in place
- Excellent connectivity with direct access to tram services linking the CBD and surrounding suburbs
- Ideal for investors, future owner-occupiers, or self-managed super funds
Executive Summary
This well-presented corner office offers an excellent entry-level opportunity within the highly regarded St Kilda Road commercial precinct. Benefiting from abundant natural light and a practical layout, the suite provides a comfortable and professional working environment suited to a broad range of business uses. Positioned in one of Melbourne’s most established commercial corridors, the property enjoys outstanding connectivity with immediate access to tram services along St Kilda Road, linking directly to the CBD and surrounding suburbs. The office is currently leased, providing an attractive income stream, with future flexibility for owner-occupiers upon lease expiry. An ideal option for investors, business owners, or self-managed super fund purchasers seeking a foothold in a proven location.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 110\PS335005 |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 110\PS335005 |
Description
Unit 214 within the property. The offering comprises an entry-level corner office suite of approximately 86 sqm, enjoying excellent natural light throughout. The space is currently leased on a 2-year term, generating a gross rental of $31,200 per annum plus GST, with tenants responsible for GST. The suite is well suited to investors seeking secure income, as well as future owner-occupiers once the existing lease expires, including self-managed super fund buyers.
Sale Notes
The property is offered for sale as a commercial holding within the tightly held St Kilda Road precinct, benefiting from strong connectivity, established commercial appeal, and ongoing demand from owner-occupiers and investors alike. The building is well positioned with excellent access to tram networks servicing the CBD and surrounding suburbs, making it a sought-after location for a wide range of business uses. The sale of the asset reflects continued confidence in St Kilda Road as a core commercial corridor.
| Unit | Unit Size | Condo Use | Price | NOI |
| - | 925 SF | Office/Medical | $339,069 CAD ($366.56 CAD/SF) | - |
-
| Unit Size |
| 925 SF |
| Condo Use |
| Office/Medical |
| Price |
| $339,069 CAD ($366.56 CAD/SF) |
| NOI |
| - |
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| Unit Size | 925 SF |
| Condo Use | Office/Medical |
| Price | $339,069 CAD ($366.56 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| APN/Parcel ID | 110\PS335005 |
| Description | |
| Unit 214 within the property. The offering comprises an entry-level corner office suite of approximately 86 sqm, enjoying excellent natural light throughout. The space is currently leased on a 2-year term, generating a gross rental of $31,200 per annum plus GST, with tenants responsible for GST. The suite is well suited to investors seeking secure income, as well as future owner-occupiers once the existing lease expires, including self-managed super fund buyers.</li></ul> | |
| Sale Notes | |
| The property is offered for sale as a commercial holding within the tightly held St Kilda Road precinct, benefiting from strong connectivity, established commercial appeal, and ongoing demand from owner-occupiers and investors alike. The building is well positioned with excellent access to tram networks servicing the CBD and surrounding suburbs, making it a sought-after location for a wide range of business uses. The sale of the asset reflects continued confidence in St Kilda Road as a core commercial corridor.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 16,071 SF | Typical Floor Size | 11,948 SF |
| Property Type | Office (Condo) | Year Built | 1993 |
| Building Class | C | Lot Size | 0.57 AC |
| Floors | 8 |
| Total Building Size | 16,071 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 8 |
| Typical Floor Size | 11,948 SF |
| Year Built | 1993 |
| Lot Size | 0.57 AC |
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Wheelchair Accessible
- Reception
- Air Conditioning
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Contacts
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Gianni Fazzari -
Charles Bongiovanni -
Belle Property Commercial - Melbourne North
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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434 St Kilda Rd - Asian Pacific House
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