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24 Barkly Pl Apartment Building $483,980 Carlton, VIC 3053
Investment Highlights
- Located in a prime Carlton position with strong connectivity to Melbourne CBD and surrounding amenities.
- Approved for commercial use, suitable for office or professional services.
- Multi-level building with other floors occupied; the available floor offers vacant possession for immediate use.
Executive Summary
This offering presents an opportunity to acquire five fully furnished student-only studio apartments as a single investment package. Each unit ranges from approximately 16–18 sqm internally and is equipped with a split-system air-conditioning unit.
The investment provides an estimated total net rental return of approximately $67,500 per year, making it a strong cashflow asset. The property is positioned as a “set and forget” investment, ideal for self-managed super funds (SMSF) or investors seeking stable income.
All units are currently configured for student accommodation, ensuring consistent demand in proximity to educational institutions. This is a rare chance to secure a high-yielding, low-maintenance property in a sought-after student housing market.
The investment provides an estimated total net rental return of approximately $67,500 per year, making it a strong cashflow asset. The property is positioned as a “set and forget” investment, ideal for self-managed super funds (SMSF) or investors seeking stable income.
All units are currently configured for student accommodation, ensuring consistent demand in proximity to educational institutions. This is a rare chance to secure a high-yielding, low-maintenance property in a sought-after student housing market.
Property Facts
| Price | $483,980 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 25,930 SF |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise |
| Price | $483,980 |
| Sale Type | Investment |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 25,930 SF |
| No. Stories | 6 |
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