Block of six in a vibrant lifestyle location
A once in a lifetime opportunity exists to enjoy endless returns on an Art Deco block of six residences, ideally positioned in a highly sought after lifestyle location. These solid brick apartments with polished timber flooring & in varying good condition with well planned layouts, ooze character & offer the best of both worlds – peaceful & private with all the lively action of vibrant St Kilda East just down the road, presenting a rare chance for the seasoned investor, renovator or developer to explore an array of future prospects (STCA) for capital growth in a blue-chip location. The substantial 637m2* allotment comprises 4 x two bedrooms apartments, 2 x one bedroom apartments & off street parking at the rear for up to three cars. Each apartment, some with modern updates, also feature a wide entrance hallway with storage, a good sized living/dining room, separate kitchen & bathroom with shower over bath. Superbly positioned in an in-demand lifestyle location close to transport, Alma Park & all that the vibrant shops, restaurants & cafes of Chapel & Carlisle Streets have to offer! Don’t miss this exciting opportunity to capitalise on this fantastic address! *Approximate Title Dimensions.
St Kilda East suburb statistics
Houses*
Median sale price
$1,570,000
Quarterly price change
-5.10%
Units*
Median sale price
$585,500
Quarterly price change
1.96%
Sales insights
Auction clearance rate*
89%
Median days on market∧
25 days
Total sold properties*
92
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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