Added today
Apartments 1-6, 224 Inkerman Street,
St Kilda East, VIC 3183
Development Sites & Land
Added today
Detailed listing
Key property information
Land area
Floor area
Property extent
Zoning
Municipality
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$159,036
Number of Tenants
6 Tenants
Auction
Private inspections
to arrange a private inspection.
Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
Apartments 1-6, 224 Inkerman Street
St Kilda East, VIC 3183
Detailed listing
Map of Apartments 1-6, 224 Inkerman Street
Train stations within 5 km of Apartments 1-6, 224 Inkerman Street, St Kilda East, VIC 3183 Distance Balaclava Station 462 m Windsor Station 1.1 km Ripponlea Station 1.1 km Prahran Station 1.8 km Elsternwick Station 2.1 km POWERED BY HERE ©Tram stops within 5 km of Apartments 1-6, 224 Inkerman Street, St Kilda East, VIC 3183 Distance 38-Inkerman St/Chapel St (St Kilda East) 346 m 38-Balaclava Station/Carlisle St (Balaclava) 379 m 39-Argyle St/Chapel St (St Kilda East) 391 m 39-Carlisle Ave/Carlisle St (St Kilda) 396 m 39-Orange GR/Carlisle St (Balaclava) 409 m POWERED BY HERE ©Bus stops within 5 km of Apartments 1-6, 224 Inkerman Street, St Kilda East, VIC 3183 Distance Inkerman StHotham St St Kilda East 468 m Cardigan StHotham St St Kilda East 490 m Balaclava RdHotham St 569 m Alma RdHotham St St Kilda East 600 m Carlisle StHotham St 622 m POWERED BY HERE ©
POWERED BY HERE ©
Individually Titled Apartment Block on Corner Landholding Offering Numerous Options
Fully leased 1960's apartment block located in proven location close to a host of enviable lifestyle amenities and Melbourne’s CBD, well suited to both passive and value-add investors
• Whole block currently returning $159,036* p.a. with potential market rental of $165,796* p.a.
• Comprising 6 separately titled apartments (4 x 3 beds & 2 x 1 beds) plus on-site car parking for 6 cars
• Corner General Residential (GRZ1) landholding of 501sqm* with dual frontage totalling 52.2m*
• Ideal “set & forget” investment or value-add / refurbish and sell down
• Strong suburb fundamentals including median house price of $1,700,000 and median unit price of $600,000 (source: REIV)
• Sought-after inner city location close to all transport options, thriving retail amenity, bay beaches and more
For Sale via on-site Auction on Thursday 5th March at 2:00pm.
For more information or to arrange an inspection, please contact the below:
Andrew Greenway 0409 547 6...
Michael Gross 0419 355 5...
In conjunction with MP Burke:
Pat Burke 0412 554 8...
*approximate
• Whole block currently returning $159,036* p.a. with potential market rental of $165,796* p.a.
• Comprising 6 separately titled apartments (4 x 3 beds & 2 x 1 beds) plus on-site car parking for 6 cars
• Corner General Residential (GRZ1) landholding of 501sqm* with dual frontage totalling 52.2m*
• Ideal “set & forget” investment or value-add / refurbish and sell down
• Strong suburb fundamentals including median house price of $1,700,000 and median unit price of $600,000 (source: REIV)
• Sought-after inner city location close to all transport options, thriving retail amenity, bay beaches and more
For Sale via on-site Auction on Thursday 5th March at 2:00pm.
For more information or to arrange an inspection, please contact the below:
Andrew Greenway 0409 547 6...
Michael Gross 0419 355 5...
In conjunction with MP Burke:
Pat Burke 0412 554 8...
*approximate
St Kilda East, 3183 demographic data
The median household income for St Kilda East is $2,020, 6% higher than Greater Melbourne's household income of $1,901. St Kilda East has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 57% of property owners in St Kilda East have a mortgage.
12,571
Population
$2,020 per week
Median household income
34 years
Median age
Owners
Most residents
Families
Most households
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
MP Burke Commercial - MelbourneLevel 1, 145 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Gross Waddell ICR - Commercial
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
19-25 Livingstone Close,Burwood, VIC 3125 775 m²Development Sites & Land • Medical & Consulting