CBRE Melbourne City Sales is offering for sale one of the most unique and strategically located Melbourne City Fringe buildings to be presented for sale in recent years.
230 Elgin Street, Carlton is a high-profile freestanding student accommodation complex comprising 13 quality residences.
The building offers incredible potential to capitalise on the unrivalled location just 200m* from The University of Melbourne, around the corner to popular Lygon Street and surrounded by nearby parks and recreation facilities.
This outstanding inner city property with boundless potential is further described as follows:
+High profile accommodation complex comprising 13 studio residences and storage facilities
+Comprises a substantial freehold landholding accessible from Elgin Street and has the benefit of side & rear lane frontage
+Within immediate proximity to The University of Melbourne, RMIT University, The Royal Melbourne Hospital and world class retail facilities in Lygon Street
+Excellent public transport connectivity via major tram stop on the building's doorstep, providing direct Melbourne CBD access via tram routes 1 & 6 and the bus network via Lygon Street
+Fully leased annual income of $243,360*
*Approx
Contact CBRE Melbourne City Sales for more information and to arrange an inspection.
David Minty
+61 422 564 199
david.minty@cbre.com.au
Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au
Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au
Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au