Carnegie Duo, 9-15, Toolambool Road,
Carnegie, VIC 3163
Development Sites & Land • Hotel, Motel & Leisure • Other
Key property information
Land area
Floor area
Car spaces
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Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
Carnegie Duo, 9-15, Toolambool Road
Carnegie, VIC 3163
Map of Carnegie Duo, 9-15, Toolambool Road
2 x Circa 1960s Blocks of Flats with Massive Value-Add Potential
- Buy One or Buy Both
- 16 Individual Titles
- 929 - 2,323 sqm* Carnegie Landholding
Stonebridge Property Group is pleased to present The Carnegie Duo, 9-15 Toolambool Road, Carnegie, offered for sale individually or together via Expressions of Interest.
The Carnegie Duo, 9-15 Toolambool Road, comprises 2 blocks of flats containing 16 large apartments in Carnegie, only 11 km* from the Melbourne CBD.
The 2 x whole blocks of flats can be purchased individually or together.
Key highlights of this opportunity include:
9-11 Toolambool Road:
+ Building configuration: 6 x 2-bedroom apartments with 6 on-site car spaces
+ NLA of 460 sqm*
+ Land area of 929 sqm*
+ Passing net income of $64,819* p.a.
13-15 Toolambool Road:
+ Building configuration: 9 x 2-bedroom and 1 x 3-bedroom apartments with 10 on-site car spaces
+ NLA of 846 sqm*
+ Land area of 1,394 sqm*
+ Passing net income of $178,012* p.a.
- An ideal apartment mix of two-bedroom and three-bedroom apartments ranging from 75 – 90 sqm* per unit
- All apartments feature large windows in living and bedroom areas, providing excellent natural light throughout
- Flats generating a total passing net income of $242,831* p.a., with enormous potential for value-add and rental uplift through refurbishment, re-leasing of existing flats, or unit-by-unit sell down
- Expansive street frontages allow flexibility of access to the property for future development
- Future development potential with no heritage overlay on the existing buildings, allowing complete rebuild or demolition to deliver townhouse/ residential, medical, or other accommodation outcomes (STCA)
- Positioned within the draft inner catchment under the Victorian State Government Activity Centre Programme, the property could achieve height controls up to 6 storeys once approved by the State Government (STPA)
- Carnegie’s median house price at $1,802,500, experiencing over 33% growth in the past 5 years^
- Walking distance to major retail amenities, including Woolworths Metro (200 m*), Koornang Road Strip Retail (300 m*) and Carnegie Central Shopping Centre (450 m*), anchored by Woolworths, Aldi, Spotlight, Harris Scarfe, and a range of food outlets
- Excellent transport linkages only 400 m* to Carnegie Train Station, and bus stops along Koornang Road and Neerim Road, providing direct access to the Melbourne CBD
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Max Warren
0488 296 8...
Dylan Kilner
0459 396 3...
Chao Zhang
0411 625 0...
如需任何中文咨询，请联系我们亚洲业务团队的Chao Zhang 张超，联系电话：0411 625 0...，并可随时加他的微信（微信号：chaozeee）。
*Approximately
^REIV
Property Code: 1519
The Carnegie Duo, 9-15 Toolambool Road, comprises 2 blocks of flats containing 16 large apartments in Carnegie, only 11 km* from the Melbourne CBD.
The 2 x whole blocks of flats can be purchased individually or together.
Key highlights of this opportunity include:
9-11 Toolambool Road:
+ Building configuration: 6 x 2-bedroom apartments with 6 on-site car spaces
+ NLA of 460 sqm*
+ Land area of 929 sqm*
+ Passing net income of $64,819* p.a.
13-15 Toolambool Road:
+ Building configuration: 9 x 2-bedroom and 1 x 3-bedroom apartments with 10 on-site car spaces
+ NLA of 846 sqm*
+ Land area of 1,394 sqm*
+ Passing net income of $178,012* p.a.
- An ideal apartment mix of two-bedroom and three-bedroom apartments ranging from 75 – 90 sqm* per unit
- All apartments feature large windows in living and bedroom areas, providing excellent natural light throughout
- Flats generating a total passing net income of $242,831* p.a., with enormous potential for value-add and rental uplift through refurbishment, re-leasing of existing flats, or unit-by-unit sell down
- Expansive street frontages allow flexibility of access to the property for future development
- Future development potential with no heritage overlay on the existing buildings, allowing complete rebuild or demolition to deliver townhouse/ residential, medical, or other accommodation outcomes (STCA)
- Positioned within the draft inner catchment under the Victorian State Government Activity Centre Programme, the property could achieve height controls up to 6 storeys once approved by the State Government (STPA)
- Carnegie’s median house price at $1,802,500, experiencing over 33% growth in the past 5 years^
- Walking distance to major retail amenities, including Woolworths Metro (200 m*), Koornang Road Strip Retail (300 m*) and Carnegie Central Shopping Centre (450 m*), anchored by Woolworths, Aldi, Spotlight, Harris Scarfe, and a range of food outlets
- Excellent transport linkages only 400 m* to Carnegie Train Station, and bus stops along Koornang Road and Neerim Road, providing direct access to the Melbourne CBD
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Max Warren
0488 296 8...
Dylan Kilner
0459 396 3...
Chao Zhang
0411 625 0...
如需任何中文咨询，请联系我们亚洲业务团队的Chao Zhang 张超，联系电话：0411 625 0...，并可随时加他的微信（微信号：chaozeee）。
*Approximately
^REIV
Property Code: 1519
Carnegie, 3163 demographic data
The median household income for Carnegie is $1,878, 1% lower than Greater Melbourne's household income of $1,901. Carnegie has a younger age profile compared to the rest of Greater Melbourne (median age 36 vs 37). Property ownership data shows 51% of property owners in Carnegie have a mortgage.
17,909
Population
$1,878 per week
Median household income
36 years
Median age
Owners
Most residents
Families
Most households
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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