BLOCK OF 8 2-BEDROOM APARTMENTS TO BE SOLD AS ONE!
14 Erindale Avenue, Ripponlea VIC 3185
$3,800,000
Commercial LandSize: n/a
Block size: 678 m² approx.
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!
- 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!
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
Send an enquiry
Contact Alex Jarrel (Sales) to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Commercial Land
Block Size:
678 m²*
Other Details
Maps and area information
Block information
Block size: 678m² (approx)
No block information available
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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Property history
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SummaryMedian sales
Average Age
35 years
Population
1,532
Listing ID: 182185046. This listing has been viewed 0 times. It was first displayed on 26/12/2023 and last updated on 26/06/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.