St Kilda West offering in Property Tycoon auction tipping competition

An art deco apartment with a sleek bathroom is going under the hammer this weekend with strong buyer interest.

For those who want to have a harmless punt, there's now a tipping website, www.propertytycoon.com.au, where punters can guess auction five results in Melbourne and Sydney, with no outlay. It's mostly about testing your market knowledge with a small cash prize as a sweetener.

You will be hard pressed to find a better bayside apartment than 2/16-20 York Street, St Kilda West. Only minutes walk to the beach and Fitroy St shops the two bedroom apartment has an open plan kitchen, dining and living area. It also has its own separate entrance and a lock up garage.

The apartment has been tightly held with no recorded sales over the last 30 years. Agent Daen Ziegler from Chisolm Gamon has indicated the vendors reserve will be between $600,000 - $650,000.