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Sold on 6 Dec 2019

6 & 12 Garden Avenue East Melbourne VIC 3002

  • Development / Land
  • 766 m²
  • Sold

2 X BLUE CHIP EAST MELBOURNE BLOCK OF FLATS

  • 1930's quality, charm & character
  • 15 East Melbourne apartments
  • History of minimal to zero vacancy

- Rare AAA+ East Melbourne Art Deco Blocks with all the charm and character of the roaring 1930s

- Unprecedented income strength being fully leased and having a strong history of minimal to zero vacancy one of Victoria's tightest residential rental markets

- Quality existing character Art Deco fit outs with light filled apartments, timber floors, distinctive high ceilings

- Enormous potential for value add and rental uplift through refurbishment / releasing of existing flats

- Opposite the world famous MCG & 7 min walk to the Melbourne CBD via Treasury gardens

- Future development potential providing for elite residential, hotel, or accommodation outcomes (STPA)

- Encompassing a landmark East Melbourne landholding of over 756sqm*

6 Garden Avenue, East Melbourne
6 light filled one (1) bedroom apartments returning a rental of $105,000 per annum*

12 Garden Avenue, East Melbourne
9 oversized studio apartments returning a rental of $135,000 per annum*

FOR SALE VIA CONSECUTIVE ON-SITE AUCTIONS FRIDAY
6TH DECEMBER AT 3.30PM

Open for Inspection times:

Wednesday 20th November at 10.30am
Friday 22nd November at 11am
Wednesday 27th November at 10.30am
Friday 29th November at 11am
Wednesday 4th December at 10.30am
Friday 6th December at 2pm

Dylan Kilner
+61 459 396 341

Julian White
+61 422 764 137

Chao Zhang
+61 411 625 068

Dylan Kilner
CBRE Melbourne
Dylan Kilner
CBRE Melbourne
Chao Zhang
CBRE Melbourne
Chao Zhang
CBRE Melbourne

Property Highlights

Property ID2015838914
Date Sold6 Dec 2019
Floor AreaAsk Agent
Land Area766 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  25 Nov 2020
Map for 6 & 12 Garden Avenue East Melbourne VIC 3002
Map for 6 & 12 Garden Avenue East Melbourne VIC 30026 & 12 Garden Avenue East Melbourne VIC 3002
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Dylan Kilner
CBRE Melbourne
Dylan Kilner
CBRE Melbourne
Chao Zhang
CBRE Melbourne
Chao Zhang
CBRE Melbourne

Property Highlights

Property ID2015838914
Date Sold6 Dec 2019
Floor AreaAsk Agent
Land Area766 m²
ParkingOn site parking available
Building TypeWhole building
Category
Last updated  25 Nov 2020
CBRE Melbourne
Level 34, 8 Exhibition Street Melbourne VIC 3000
Dylan Kilner
CBRE Melbourne
Dylan Kilner
CBRE Melbourne
Chao Zhang
CBRE Melbourne
Chao Zhang
CBRE Melbourne

Ask Dylan Kilner about this property

Dylan Kilner

Dylan Kilner

CBRE Melbourne

Chao Zhang

Chao Zhang

CBRE Melbourne

0459 *** ***
0459 396 341

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