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Apartments 1-6, 224 Inkerman Street, St Kilda East, VIC, 3183
St Kilda East
Apartments 1-6, 224 Inkerman Street, St Kilda East, VIC, 3183
St Kilda East
Fully leased 1960's apartment block located in proven location close to a host of enviable lifestyle amenities and Melbourne’s CBD, well suited to both passive and value-add investors
• Whole block currently returning $159,036* p.a. with potential market rental of $165,796* p.a.
• Comprising 6 separately titled apartments (4 x 3 beds & 2 x 1 beds) plus on-site car parking for 6 cars
• Corner General Residential (GRZ1) landholding of 501sqm* with dual frontage totalling 52.2m*
• Ideal “set & forget” investment or value-add / refurbish and sell down
• Strong suburb fundamentals including median house price of $1,700,000 and median unit price of $600,000 (source: REIV)
• Sought-after inner city location close to all transport options, thriving retail amenity, bay beaches and more
For Sale via on-site Auction on Thursday 5th March at 2:00pm.
For more information or to arrange an inspection, please contact the below:
Andrew Greenway 0409 547 626
Michael Gross 0419 355 561
In conjunction with MP Burke:
Pat Burke 0412 554 886
*approximate
Remember to mention you found this property on CommercialReady
Fully leased 1960's apartment block located in proven location close to a host of enviable lifestyle amenities and Melbourne’s CBD, well suited to both passive and value-add investors
• Whole block currently returning $159,036* p.a. with potential market rental of $165,796* p.a.
• Comprising 6 separately titled apartments (4 x 3 beds & 2 x 1 beds) plus on-site car parking for 6 cars
• Corner General Residential (GRZ1) landholding of 501sqm* with dual frontage totalling 52.2m*
• Ideal “set & forget” investment or value-add / refurbish and sell down
• Strong suburb fundamentals including median house price of $1,700,000 and median unit price of $600,000 (source: REIV)
• Sought-after inner city location close to all transport options, thriving retail amenity, bay beaches and more
For Sale via on-site Auction on Thursday 5th March at 2:00pm.
For more information or to arrange an inspection, please contact the below:
Andrew Greenway 0409 547 626
Michael Gross 0419 355 561
In conjunction with MP Burke:
Pat Burke 0412 554 886
*approximate
Remember to mention you found this property on CommercialReady
Apartments 1-6, 224 Inkerman Street, St Kilda East, VIC, 3183
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
