1-6/6 Garden Avenue

East Melbourne VIC 3002

Block of units

Last sold for $3,850,000

Luke Piccolo, last sold this property on 13 November 2025 after 31 days on market.

Overview

Timeless Character, Enduring Returns: A rare art deco six-pack

OFFERS UNDER CONSIDERATION 6 Garden Avenue embodies all the charm and character of the roaring 1930s while delivering the security and strength of a blue-chip investment. Fully leased and with a proven history of minimal vacancy, this is an opportunity to secure a prized holding in one of Victoria's most tightly held residential rental markets. The property comprises six beautifully maintained, light-filled one-bedroom apartments - each showcasing timeless Art Deco design with polished timber floors, ornate detailing, and distinctive high ceilings that reflect the craftsmanship of the era. Finally, a block has hit the market which is in modern condition, bringing the heritage appeal of the past together with the finishing touches that refurbished apartments provide. No headaches, just a ready to go investment, perfectly positioned. The property generates a strong rental income of approximately $175,000 per annum, underpinned by the enduring demand for quality Art Deco apartments in this blue-chip precinct. With potential for future repositioning or residential outcomes (STCA), this is a rare opportunity to acquire one of East Melbourne's most coveted investments - where heritage charm meets enduring financial strength. Positioned directly opposite the world-famous Melbourne Cricket Ground and only a short walk to the CBD via the tranquil Treasury Gardens, 6 Garden Avenue enjoys an unbeatable lifestyle location surrounded by parkland, culture, and convenience. Whether held as a secure, income-generating portfolio asset or reimagined to unlock its full potential, 6 Garden Avenue stands as a truly rare offering - where heritage charm, location prestige, and investment strength meet in perfect harmony. Finally, a block that is worth taking a closer look at... Woodards & Jellis Craig are proudly selling 1-6/6 Garden Avenue, East Melbourne in conjunction.