Trophy South Yarra Corner With Abundant Upside – Whole Block of 31 Apartments
JLL Melbourne has the exclusive privilege of offering for sale ‘Dorrington House’ - 124 Caroline Street & 73 Alexandra Avenue South Yarra. This high profile 4-level apartment building is set on an incredible corner landholding with sweeping views over the Yarra River and towards the CBD.
Key details of the opportunity include:
+ A whole block of 31 boutique and light filled apartments opposite the Yarra River, with abundant opportunity for passive holding, refurbishment or redevelopment (STCA)
+ Commanding corner landholding of 844sqm* in South Yarra’s coveted ‘Domain Precinct’, arguably Melbourne’s most desirable and tightly held residential location
+ Three street frontages to Alexandra Avenue, Caroline Street and Lawson Grove
+ Potential to significantly increase the rental income of the building through renovations and refurbishment
+ Immediately adjoining the popular ‘The Lawson Grove Shop’ and a short walk to both the Toorak Road retail precinct and trendy Cremorne cafes
+ Close to South Yarra Train Station, buses/trams, elite education facilities and Melbourne’s incredible Royal Botanic Gardens and Fawkner Park
*Approx.
124 Caroline Street & 73 Alexandra Avenue, South Yarra is For Sale by International Expressions of Interest closing Friday 17 November 2023 at 2pm (AEDT).
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Jesse Radisich
Josh Rutman
Annabelle Crowe
MingXuan Li 李名轩
Remember to mention you found this property on CommercialReady
