4/12 Kipling StreetSt Kilda

Tucked away in a peaceful cul-de-sac, this exceptionally spacious ground-floor one-bedroom apartment is set within a low-density, solid brick build, delivering the ideal balance of St Kilda lifestyle and residential tranquility. The expansive main living zone easily accommodates dedicated dining and lounge setups, complemented by split-system heating and cooling. A separate, practical kitchen features gas cooking, generous storage, and a functional layout, while the bedroom serves as a quiet retreat with built-in robes and a central bathroom. Beyond classic polished floorboards and off-street parking, the property represents an outstanding investment opportunity with an estimated rental estimate of $460 to $500 per week, returning a highly impressive gross rental yield of up to 6.4%. Located just moments from the vibrant energy of Carlisle and Chapel Streets, local cafes, boutique shopping, and city-bound transport are all within a short stroll. With St Kilda Beach and Albert Park Lake close by, it offers the ultimate bay-side lifestyle for owner-occupiers and investors alike.