Freehold Apartment Block Investment | Perfect for Developers & Value-Add Investors
Description
CBRE is offering for sale 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.
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
+61 411 059 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
+61 411 059 116