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1-12 / 5 Truganini Road, Carnegie

VIC 3163

  • 12
  • 12
  • 12
  • 920m2


Thursday 27th Jun | 12:00 PM public 2024-06-27 12:00:00 2024-06-27 12:30:00 Australia/Melbourne Auction for 1-12 / 5 Truganini Road, Carnegie Auction for 1-12 / 5 Truganini Road, Carnegie 1-12 / 5 Truganini Road, Carnegie Gary Peer inspections@garypeer.com.au



$2,750,000 - $3,000,000

Enquire now

A strata block of 12 in the heart of Carnegie

Offered for the first time ever, an outstanding investment opportunity exists to reap boundless returns on a strata-titled block of twelve apartments, ideally located in a peaceful tree-lined road on the cusp of Carnegie Village. Set on a substantial 920m2* allotment, the block comprises twelve one-bedroom kitchenette apartments, each with undercover carport space & access to a communal laundry at the rear. To be sold as one offering. Four apartments have been beautifully updated to include well-appointed modern kitchens & bathrooms whilst the remaining flats can be improved immediately or over time. Several vacancies allow the opportunity for immediate reletting or works as desired.

Purpose built & owned as a well-performing investment property in one family for more than 45 years, this well-positioned block is ideally poised for investors looking to secure property in a high-growth location while generating immediate rental income with a potential to lift the current income considerably. Set in one of Carnegie’s best locations with the cafes, restaurants & shopping spots of Koornang Road just around the corner, a short stroll to leafy Koornang Park & Lord Reserve & city-wide public transport a stone’s throw away, this endlessly promising opportunity is not to be missed.

*Approximate Title Dimensions.

Contact us

David Thomson

Licensed Estate Agent & Auctioneer

Graeme Callen

Licensed Estate Agent & Auctioneer

Carnegie suburb statistics


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Median sale price


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Auction clearance rate*


Median days on market

24 days

Total sold properties*


*Updated quarterly for the past 12 months

^Updated daily for the past quarter

~Updated daily for the past 12 months

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