Back 15 McKinley Ave
Off Market

15 McKinley Ave

Malvern VIC 3144

24
12
12
Block of units
Will BennisonWill Bennison, last sold this property on 21 August 2025 after 63 days on market.

Overview

12 Apartments – Buy the Block

Expressions of Interest A truly exceptional investment opportunity, 15 McKinley Avenue offers the chance to secure an entire apartment block in one of Melbourne’s most tightly held and prestigious suburbs. Comprising 12 generous, light-filled two-bedroom apartments (60sqm approx each), each featuring built-in robes, spacious living/dining areas, separate kitchens and bathrooms, plus 12 individual car spaces, this meticulously maintained three-level brick building delivers immediate income with significant future upside. Set on a prime 965sqm approx allotment with rear ROW access, the property is ideally positioned moments from Malvern Central Shopping Centre, Malvern Station and Cabrini Hospital, ensuring strong, ongoing rental demand. Currently returning approximately $326,000 p.a. with clear potential for further rental growth, this blue-chip asset offers multiple value-add options including strata subdivision (STCA), refurbishment or long-term holding. Secure, flexible and located in a premium lifestyle precinct, this is a rare offering that will appeal to astute investors, developers and land bankers alike. In Conjunction with iDeal Commercial - Michael Ryan – 0433 180 199

Features

24 bedrooms
12 bathrooms
12 carspaces
4 carport spaces
4 open car spaces
4 garage spaces
Block of units

Estimated Value

We need at least 3 similar 24 bedroom block of units sold in Malvern over the last 12 months.

Property history for 15 McKinley Ave

2025
Sold
Undisclosed
21 Aug 2025 by Will Bennison, of Jellis Craig Stonnington
2014
Sold
$4,360,000
Auction Sale on 25 Mar 2014 by Simon Conquest, of Conquest Estate Agency

Happy sellers in Malvern

93%
93% of sellers in Malvern reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 8 reviews in Malvern over the last 12 months.

Local market activity for 24 bedroom block of units in Malvern

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