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Apartments 1-6, 224 Inkerman Street, St Kilda East, VIC, 3183

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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
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Apartments 1-6, 224 Inkerman Street, St Kilda East, VIC, 3183

St Kilda East

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Apartments 1-6, 224 Inkerman Street, St Kilda East, VIC, 3183

Apartments 1-6, 224 Inkerman Street, St Kilda East, VIC, 3183

Properties / Sold / Victoria / St Kilda East
Tenanted Investment
Selling Method
Auction
Selling Details
Contact Agent
Land Area
501 m² (*approx)
Floor Area
380 m² (*approx)
Property Type
Other, Land
Sub-type
Block of Units / Flats
Est. Income
$159,036 p/a
Zone
General Residential
Show All
Individually Titled Apartment Block on Corner Landholding Offering Numerous Options

***SOLD PRIOR TO AUCTION***

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

Read More
Tenanted Investment
Tenanted Investment

Apartments 1-6, 224 Inkerman Street Investment Summary

Property Type
Other, Land
Sub-type
Block of Units / Flats
Est. Income
$159,036 p/a
Number Of Tenants
6
Land Area
501 m² (*approx)
Floor Area
380 m² (*approx)
Zone
General Residential
Selling Method
Auction
Auction Date
5 Mar 2026 02:00PM
Add to calendar
Selling Details
Contact Agent

Investment Highlights

Individually Titled Apartment Block on Corner Landholding Offering Numerous Options

***SOLD PRIOR TO AUCTION***

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

Read More
Tenanted Investment
Andrew Greenway
Andrew Greenway
+61 *** *** *** show +61 409 547 626
Michael Gross
Michael Gross
+61 *** *** *** show +61 419 355 561
Pat Burke
Pat Burke
+61 *** *** *** show +61 412 554 886

Download Development Site Report
Andrew Greenway
Andrew Greenway
+61 *** *** *** show +61 409 547 626
Michael Gross
Michael Gross
+61 *** *** *** show +61 419 355 561
Pat Burke
Pat Burke
+61 *** *** *** show +61 412 554 886

Property Location of Apartments 1-6, 224 Inkerman Street, St Kilda East, VIC, 3183

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St Kilda East Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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Apartments 1-6, 224 Inkerman Street, St Kilda East, VIC, 3183

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Apartments 1-6, 224 Inkerman Street, St Kilda East, VIC, 3183 St Kilda East
Gross Waddell ICR
Gross Waddell ICR
Level 1, 30 Collins Street Melbourne VIC 3000
View Agency Profile
Andrew Greenway
Andrew Greenway
+61 *** *** *** show +61 409 547 626
Michael Gross
Michael Gross
+61 *** *** *** show +61 419 355 561
MP Burke Commercial Real Estate
MP Burke Commercial Real Estate
145 Russell Street, Melbourne, VIC, 3000
Pat Burke
Pat Burke
+61 *** *** *** show +61 412 554 886
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