Solid investment opportunity strata titled
A unique opportunity exists to make your mark & enjoy endless returns on this solid brick strata titled block of eleven apartments, ideally located on a 910m2* allotment in a prime pocket of Murrumbeena. Investors looking to secure property in a high growth locale & immediately bring in an income from tenants with the option to renovate & enhance each apartment, to hold, on sell individually or explore future options (STCA) – the possibilities are endless. Featuring eleven generously proportioned apartments including six two bedroom apartments & five one bedroom apartments of varying condition & layouts across the two levels. Each apartment also features a comfortably spacious living & dining room, a functional kitchen, central bathroom, a panel wall heater, undercover off street parking at the rear of block, communal laundry facilities & access to a shared internal courtyard space. This brilliantly located, well maintained block is just an easy walk to local shops, trains & buses, Murrumbeena Park, St Patricks & Murrumbeena Primary Schools & Chadstone Shopping Centre. Don’t miss the opportunity to capitalise on this fabulous address! * Approximate Title Dimensions.
Murrumbeena suburb statistics
Houses*
Median sale price
$1,723,000
Quarterly price change
-1.57%
Units*
Median sale price
$597,500
Quarterly price change
1.26%
Sales insights
Auction clearance rate*
83%
Median days on market∧
24 days
Total sold properties*
41
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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