Freehold Apartment Block Investment | Perfect for Developers & Value-Add Investors
Description
CBRE is offering for sale via on-site auction this prized investment opportunity, situated in one of Melbourne’s most desirable suburbs at 674 Inkerman Road, Caulfield North.
Key details include:
+ Substantial fully leased residential complex of 8 spacious two-bedroom apartments
+ 784sqm* landholding with extensive dual street exposure to one of the area’s most well known streets and on-site car parking for each unit
+ Building configuration includes 8 x 2-bedroom, 1-bathroom apartments each with consistent and functional layouts
+ Each apartment features a central hallway, separate living room with sunny balcony, large kitchen and oversized bathroom with laundry capacity
+ Two well-proportioned bedrooms with built-in robes in every apartment
+ Close proximity to major retail amenity including Malvern Central (1.5km)* and Caulfield Village (1.8km)*
+ Excellent public transport connectivity via Malvern Train Station, Caulfield Train Station and nearby access to Dandenong Road / Princes Highway
+ Surrounded by leading education institutions including Caulfield Grammar and Monash University Caulfield Campus
+ Moments to key lifestyle amenity including Caulfield Park, Caulfield Racecourse Reserve and St Kilda Beach (5km)*
+ Net income of $224,507 pa* with further rental upside through value-add enhancement
This highly sought-after and seldom found investment provides scale, strong holding income and long-term upside in a blue-chip location.
For sale by Public On-Site Auction on Thursday 30th April 2026 at 12:30pm (AEST).
Contact CBRE for more information and to organise an inspection.
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
CBRE Asian Services Desk:
Jing Jun Heng 王敬君
+61 411 059 116
jj.heng@cbre.com
*Denotes Approx.
Enquire
Contact agents
Scott Hawthorne Senior Manager
0400 861 048
Nathan Mufale Senior Director
0421 224 354
Jing Jun Heng
0411 059 116Enquiry Form
Caulfield North, VIC
674 Inkerman Road
Contact agents
-
Scott Hawthorne Senior Manager
0400 861 048 -
Nathan Mufale Senior Director
0421 224 354 -
Jing Jun Heng
0411 059 116