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
