19-21 Rankins Road Kensington VIC 3031

Whole block of 6 residential units.
399sm approx. landholding.
Add Value, Revert Rents.

Jellis Craig is offering for sale via auction this prized investment opportunity, situated in one of Melbourne's most desirable suburbs at 19-21 Rankins Road, Kensington.

Key details include:

+ Substantial complex of 6 residential units.

+ 12 titles in total - 6 separate titles for the apartments, plus 6 accessory units for the carparks.

+ The property provides an opportunity to capitalise on Melbourne's surging residential market and substantially increase the rents through value-add enhancement and leasing strategies.

+ 399sqm approx. landholding with extensive street exposure and on-site car parking for each unit.

+ Each unit comprises a 2 bedroom residence with kitchen, lounge and bathroom accommodation.

+ Surrounded by high-quality education institutions, including The University of Melbourne established & expanding campus, in addition to the close proximity to The Royal Melbourne Hospital and Royal Women's Hospital precincts.

+ Excellent connectivity provided by immediate access to public transport networks via nearby Newmarket and Kensington Train Station and trams plus the wider bus network.