11/1 Acland Street, St Kilda VIC 3182

As a smart first step for those inclined to a fabulous lifestyle or a shrewd investment sure to attract high tenancy rates, look no further than this neat studio apartment in seaside surrounds that are second-to-none.

Bathed in natural light via its first-floor elevation, the versatile open-plan living areas feature a corner kitchen space with a Smeg electric cooktop and the bathroom adjoins a separate WC, while a secure off-street car space, secure intercom entry and a communal same-level laundry are also included.

At number one Acland St, the vibrancy of St Kilda starts at the front door, where you'll jump at the chance to grab a towel and hit the beach or the St Kilda Sea Baths, take in sunsets over the bay and indulge in an array of delectable cuisine served by such local institutions as Lao's Family Kitchen, Il Fornaio and Pelican, all in the immediate vicinity.