1-12 / 13 Albion Street, Balaclava
VIC 3183
- 24
- 12
- 8
- 947m2
Auction
Wednesday 2nd Apr | 1:30 PM public 2025-04-02 13:30:00 2025-04-02 14:00:00 Australia/Melbourne Auction for 1-12 / 13 Albion Street, Balaclava Auction for 1-12 / 13 Albion Street, Balaclava 1-12 / 13 Albion Street, Balaclava Gary Peer inspections@garypeer.com.au
Inspection
Guide
$3,900,000 - $4,200,000
Brilliantly located block of 12 for sale!
A massive investment opportunity exists to enjoy endless returns on a three storey block of 12 solid & spacious two bedroom apartments. Positioned on a substantial 947m2* allotment in a prime lifestyle location & close to all the vibrant action of Balaclava & Ripponlea, it presents a unique chance for the seasoned investor, renovator or developer to explore an array of future prospects for capital growth (STCA), in a location constantly in demand for its lifestyle appeal & investment potential. All 12 generously proportioned apartments of very similar floorplans, some freshly painted & newly carpeted, feature a light filled living room with large windows providing leafy outlooks, balcony access, hallway storage, a functional spacious kithen with space for meals area, two good sized bedrooms with built in robes, a central bathroom with bath, shower, laundry facilities & a separate toilet. The block also features three single lock up garages & additional off street parking at the rear of block. Conveniently positioned in a location that delivers a complete lifestyle balance with Ripponlea Village, vibrant Carlisle Street, Ripponlea train station & Brighton Road tram routes all close by & with easy access to St Kilda & the bay.Don’t miss this rare & exciting opportunity to capitalise on this fantastic address! *Approximate Title Dimensions.
Balaclava suburb statistics
Houses*
Median sale price
$1,375,000
Quarterly price change
-4.91%
Units*
Median sale price
$590,000
Quarterly price change
3.39%
Sales insights
Auction clearance rate*
69%
Median days on market∧
26 days
Total sold properties*
31
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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