Back 8 Sydney St
Off Market

8 Sydney St

Albion VIC 3020

14
7
7
834 m²
Block of units
Last sold for $1,702,000
Marcus FregoneseMarcus Fregonese, last sold this property on 24 September 2025 after 22 days on market.

Overview

Why Buy One When You Can Buy The Whole Block

Under Instructions from the Liquidator - Property must be sold at auction. No offers prior! Please note this property has major structural issues and an engineer's report can be found in contract of sale Rarely does opportunity present itself with such compelling clarity. Seven 2-bedroom apartments across twin complexes on 834sqm, completely vacant and ready for your vision - this is investment excellence in its purest form. These thoughtfully designed residences, each featuring generous proportions, dedicated bathroom facilities and secure off-street parking. The numbers tell their own story: potential for $130,000 rental annual returns, with scope to substantially enhance yields through strategic improvements. Location amplifies opportunity. Albion Station beckons within walking distance while Sunshine's bustling CBD sits moments away in Melbourne's dynamic western growth corridor. Tree-lined streets lead to vibrant cafes, established parks and seamless freeway access - the foundations of enduring rental appeal that historically delivered exceptional occupancy rates. The liquidator's instruction creates urgency, but also unprecedented access to a complete investment portfolio. Purchase as one strategic acquisition, explore subdivision possibilities, or reimagine the entire offering. Each pathway promises reward in this tightly-held precinct where vacancy was never a concern and tenant demand consistently strong. Two buildings, seven apartments, 14 bedrooms, 7 bathrooms, 7 car spaces, infinite possibilities - all awaiting the investor astute enough to recognise that opportunities of this scale and potential seldom emerge in today's competitive market.

Features

14 bedrooms
7 bathrooms
7 carspaces
7 open car spaces
834 m² lot size
Block of units

Estimated Value

We need at least 3 similar 14 bedroom block of units sold in Albion over the last 12 months.

Property history for 8 Sydney St

2025
Sold
$1,702,000
Auction Sale on 24 Sep 2025 by Marcus Fregonese, of Ray White Sunshine
2019
Sold
$1,625,000
Private Sale/Treaty on 22 Oct 2019 by Dean Larti, of Bells Real Estate Sunshine

Happy sellers in Albion

92%
92% of sellers in Albion reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 15 reviews in Albion over the last 12 months.

Local market activity for 14 bedroom block of units in Albion

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