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Back 1-11/204 Neerim Road
Off Market

1-11/204 Neerim Road

Carnegie VIC 3163

22
11
11
1002 m²
Block of units
Harley ToyleHarley Toyle, last sold this property on 08 October 2025 after 29 days on market.

Overview

An Unparalleled Opportunity

204 Neerim Road, Carnegie offers a rare combination of secure income, strong local advantages, and multiple value-add opportunities (STCA). The property sits on 1,002m²* of under-utilised land and comprises 11 two-bedroom apartments. Fully let annual income of $240,000 (approx.) supported by a consistent & sustainable tenancy profile. Allocated parking and well-maintained building features enhance tenant appeal. Located in the heart of Carnegie, one of Melbourne's fastest-growing and tightly held suburbs. Value-Add Opportunities (STCA) Subdivision and creation of individual titles for enhanced flexibility and resale potential. Ground floor expansion opportunities. Courtyard reimagining as lifestyle spaces. Targeted refurbishments to modernise and elevate rental growth. Supported by favourable Neighbourhood Residential Zoning (NRZ), allowing potential long-term redevelopment. Location Highlights Walking distance to Koornang Road's bustling retail and dining precinct. Surrounded by national retailers including Chemist Warehouse, Woolworths, Aldi & Rosstown Hotel. Excellent connectivity to lifestyle and employment hubs: - Chadstone Shopping Centre 2.52km* - Monash University 1.1km* - Melbourne CBD 10.5km* - Dandenong Road 500m* Strong transport links: 730m* to Carnegie Train Station, 300m* to tram, and 70m* to bus stops. For further information, please contact the exclusive selling agents Buxton today. * Approximately

Features

22 bedrooms
11 bathrooms
11 carspaces
1002 m² lot size
Block of units

Estimated Value

We need at least 3 similar 22 bedroom block of units sold in Carnegie over the last 12 months.

Property history for 1-11/204 Neerim Road

2025
Sold
Undisclosed
Auction Sale on 08 Oct 2025 by Harley Toyle, of Buxton Stonnington

Happy sellers in Carnegie

88%
88% of sellers in Carnegie reported that their sale price either exceeded or met their price expectations.

Carnegie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Carnegie over the last 12 months.

Local market activity for 22 bedroom block of units in Carnegie

In the last 12 months, 1 numeral.22-bedroom block of units similar to 1-11/204 Neerim Road, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Carnegie

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Dimitri Latorets

Dimitri Latorets is an award winning recommended agent for Carnegie.  They have 4 local sales and collected 5 local reviews across the last 12 months.

  •   5   (155 reviews)
  •  5 Reviews in Carnegie
  •  4 Sales in Carnegie
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Sardeep Singh

Sardeep Singh is a recommended agent for Carnegie.  They have 1 local sale and collected 3 local reviews across the last 12 months.

  •   5   (37 reviews)
  •  3 Reviews in Carnegie
  •  1 Sale in Carnegie
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Aviv Samuel

Aviv Samuel is a recommended agent for Carnegie.  They have 12 local sales and collected 2 local reviews across the last 12 months.

  •   4.9   (62 reviews)
  •  2 Reviews in Carnegie
  •  12 Sales in Carnegie
View profile
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Ben Dang

Sellers who recommend Ben Dang have praised them for being clear communication, responsive, local expert, well-prepared, pleasant, hard-working and friendly

  •   4.9   (116 reviews)
  •  3 Reviews in Carnegie
  •  1 Sale in Carnegie
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