9-11 Garden Avenue, East Melbourne, VIC 3002

Development/Land | Hotel/Leisure | Other

For Sale Asking Price: $4,000,000

  • Property ID: 442539
  • Floor Area: 538m²
  • Land Area: 538m²
  • Occupancy: Vacant
Rare AAA+ Domain Precinct East Melbourne Art Deco- Block of Apartments

Stonebridge Property Group is pleased to present 9-11 Garden Avenue, East Melbourne.

The key highlights of the opportunity include:

- Rare AAA+ Domain Precinct East Melbourne art deco block of 4 oversized 2-bedroom apartments

- Large dual street frontage landholding of 538 sqm* with with rear surplus land

- Potential for conversion into a whole prestigious home or family compound (STCA)

- Underutilised rear land (with access) ideal for residential development play (STCA)

- Enormous potential for value add and rental uplift through refurbishment / releasing of existing flats

- Building configuration includes 4 x 2-bedroom, 1-bathroom apartments with 4 on-site car spaces

- Future development potential providing for elite residential, hotel, or accommodation outcomes (STCA)

- Garden Avenue is opposite the world-famous MCG & 7 min walk to the Melbourne CBD via Treasury Gardens

- Prestigious East Melbourne precinct address where some homes can sell in excess of $12,000,000 and with a median house price of $3,650,000^. A true blue-chip pocket of Melbourne, Australia

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Chao Zhang ??
0411 625 068

*Approximately
^ REIV

Property Code: 918

East Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $432 ---
Retail --- $533 ---
This is the average advertised price, rent and yield for East Melbourne, VIC 3002*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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