Stable Returns + Prime Location — A Smart Investment Opportunity

Located in one of Melbourne’s most vibrant and iconic bayside suburbs, St Kilda, this stylish one-bedroom, one-bathroom apartment at 19A/1 Eildon Road offers a secure, hands-off investment with consistent rental income and excellent growth potential.

Investment Highlights:
Long-Term Lease in Place – Currently leased and managed by the reputable Quest Apartments, this property delivers guaranteed rental income with minimal vacancy risk or tenant management hassles.
Tenant: Quest Serviced Apartment Hotel
Monthly Rent: $1,875.33
Rent Increase: 4% annually
Lease Terms: Three further terms of 5 years each, extending until 2037.
Low Maintenance—Owners Corporation Maintenance Fund (Owner’s Contribution) Professionally Managed – Set within a well-maintained and securely managed complex, the apartment requires little upkeep, making it an ideal passive investment.

Rare Allocated Car Space – Includes a private, off-street parking spot — a valuable asset in a high-demand inner-city location like St Kilda.

Premium Location Appeal – Just moments from St Kilda Beach, Acland Street shopping precinct, Fitzroy Street, Luna Park, and major tram lines — all of which drive strong, year-round rental demand from both business and leisure tenants.

Investment Outlook:
St Kilda continues to be a top-performing suburb for investors, thanks to its unique blend of coastal lifestyle, urban convenience, and tourism appeal. With ongoing demand for short- and long-term rentals, properties like 19A/1 Eildon Road offer a compelling mix of yield and capital growth — a standout addition to any investment portfolio.

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Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Property ID: 1354263

Click here for the Consumer Affairs Victoria Due Diligence Checklist for Home Buyers