$3,800,000
16 Bed • 8 Bath • 0 Car • 678m²
New
14 Erindale Avenue, Ripponlea VIC 3185
$3,800,000
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What's around Avenue
Block of Units description
“BLOCK OF 8 2-BEDROOM APARTMENTS TO BE SOLD AS ONE!”
Situated on a quiet leafy tree line street of Ripponlea within 2 kilometres from Elwood beach and 5 km from the City between vibrant suburbs of St Kilda and Elsternwick and surrounded by outstanding amenities. This one-off opportunity delivering an outstanding inner-city project possibility with multiple uses (STCA).
- Land holding of 678 square meters.
- Strong potential income of $187,000 per annum (fully leased).
- Existing improvement includes 8 two-bedroom apartments with car spaces and communal laundries on 1 title.
- Opportunity to renovate or redevelop or change of use (STCA).
Offered for sale for the first time since its construction, this unique property represents a fantastic investment with huge potential and significant income.
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What's around Avenue
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