19
6
5
Inspections are strictly by appointment. Please contact the agent to register.

Great investment potential for the astute purchaser with an indicative rent circa $215,000 per annum plus GST.

Situated on a lovely deep allotment, and totalling some 876sqm approx. of GRZ zoned land, this gracious, freestanding c1920's solid brick residence represents a significant opportunity for a myriad of future possibilities. Currently a 19-room accommodation house with expansive reception rooms and a commercial kitchen, its substantial dimensions offer scope to renovate, extend or repurpose as luxurious apartments, student or backpacker accommodation, as offices or consulting rooms or even as a boutique hotel. The possibilities are endless (STCA).
It is a once in a generation opportunity within a fabulous lifestyle precinct close to Barkly, Fitzroy, Carlisle and Acland Street's famous restaurants, Albert Park Lake and the beach.
19
6
5
Sales Executive
Scott O'Halloran
Director, Auctioneer
Damian O'Sullivan
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    Prime Opportunity in Premium Location
    Prime Opportunity in Premium Location
    Inspections are strictly by appointment. Please contact the agent to register.

    Great investment potential for the astute purchaser with an indicative rent circa $215,000 per annum plus GST.

    Situated on a lovely deep allotment, and totalling some 876sqm approx. of GRZ zoned land, this gracious, freestanding c1920's solid brick residence represents a significant opportunity for a myriad of future possibilities. Currently a 19-room accommodation house with expansive reception rooms and a commercial kitchen, its substantial dimensions offer scope to renovate, extend or repurpose as luxurious apartments, student or backpacker accommodation, as offices or consulting rooms or even as a boutique hotel. The possibilities are endless (STCA).
    It is a once in a generation opportunity within a fabulous lifestyle precinct close to Barkly, Fitzroy, Carlisle and Acland Street's famous restaurants, Albert Park Lake and the beach. Due Diligence Checklist
    Prime Opportunity in Premium Location
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    St Kilda
    Median residential price
    $600,000
    2 bedroom
    $650,000
    3 bedroom
    $1,430,000
    4 bedroom
    $2,390,000
    Similar suburb median prices
    2 bedroom
    $705,000
    3 bedroom
    $1,656,500
    4 bedroom
    $2,800,000
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