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Opportunities like this don't come around often. Consisting of six well-maintained two-bedroom apartments across three levels, this unique prospect is packed with potential. Whether you're an investor seeking immediate returns or a visionary ready to explore future redevelopment (STCA), this property deserves your attention.
The current gross returns of $127,894 (approx.) are enticing, and the possibilities to add value are endless (STCA). The units overall are neat, spacious, and perfectly positioned for renters wanting affordable access to Melbourne's vibrant lifestyle. Sitting on an impressive 391 sqm (approx.), this site is a dream for developers with big-picture plans (STCA).
Location doesn't get better than this. Walk to the iconic Chapel Street precinct for world-class shopping and dining, hop on nearby trains and trams for an easy city commute, and enjoy proximity to elite schools like St Michael's and Wesley College. With Albert Park Lake, St Kilda Beach, the St Kilda Road business hub, and the CBD all within reach, this property offers tenants and future buyers the ultimate Melbourne lifestyle.
Seize the opportunity-inspect today and unlock the full potential of this rare find!
dirección de la calle | distancia | número de dormitorios | número de baños | área de construcción | fecha de venta | precio de venta | fuente de datos | |
|---|---|---|---|---|---|---|---|---|
 | 0.24 km | 3 | 2 | -m2 | 2025 año 01 mes 29 día | - | Council approved | |
 | 0.16 km | 2 | 1 | -m2 | 2024 año 12 mes 28 día | $530,000 | Council approved | |
 | 0.15 km | 2 | 1 | 80m2 | 2024 año 11 mes 14 día | - | Council approved | |
 | 0.17 km | 2 | 2 | -m2 | 2024 año 09 mes 15 día | $630,000 | Council approved | |
 | 0.23 km | 2 | 1 | -m2 | 2024 año 09 mes 06 día | - | Council approved |