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53 Alexandra Avenue Apartment Building $86,425 South Yarra, VIC 3141
Investment Highlights
- Each apartment includes lock-up garage, balcony, and private courtyard or garden
- Compelling set-and-forget investment with add-value, development or sell-down upside
- Exceptional proximity to public transport, retail, parklands and 2.5km from Melbourne CBD
Executive Summary
Sought-after 1930s boutique apartment block comprising four oversized 2-bedroom apartments on individual titles, fully tenanted and superbly positioned in prestigious South Yarra with Yarra River outlooks. Offering a total floor area of 440sqm on a 670sqm GRZ3 landholding, the property delivers strong holding income potential, plus clear development, value-add or sell-down appeal, moments from transport, lifestyle amenities and only 2.5km from Melbourne’s CBD
Property Facts
| Price | $86,425 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Sale Condition | Redevelopment Project | Building Size | 7,212 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1930 |
| Price | $86,425 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 7,212 SF |
| No. Stories | 2 |
| Year Built | 1930 |
Amenities
Unit Amenities
- Balcony
- Kitchen
Site Amenities
- Courtyard
- Laundry Facilities
- Public Transportation
- Private Bathroom
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53 Alexandra Avenue
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