Balaclava brilliance – 6 apartments!
Extraordinary opportunity to secure an entire block of six two-bedroom apartments, all on one title, in a prime Balaclava position. This solid brick block has been in the same family for 40 years & is now being offered as one unbeatable investment. Ideally located in an area highly sought after by tenants just moments from both Balaclava & Ripponlea villages with their shops, cafés, supermarkets, trams & two train stations. The boutique block includes six spacious two-bedroom apartments that offer comfortable & easy-living. Each apartment boasts large windows, built-in robes, some with reverse cycle heating/air-conditioning, separate living & kitchens with plenty of space for casual dining. Shared laundry facilities are located on each of the two levels. With a mix of apartments in updated and original condition there is still potential to renew & add value (STCA). The block includes off street parking and is on a quiet street with park access. Investment opportunities don’t get better than this. Take advantage of an unbeatable offering and secure an entire block in a position that is pure real-estate gold.
Balaclava suburb statistics
Houses*
Median sale price
$1,473,500
Quarterly price change
0%
Units*
Median sale price
$588,000
Quarterly price change
-0.26%
Sales insights
Auction clearance rate*
76%
Median days on market∧
26 days
Total sold properties*
31
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
This website contains data, analytics, statistics and other information supplied by PROPERTY DATA PTY LTD. The data provided in this website is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Property Data relies upon data supplied by third parties and while the data is checked and reviewed, PropertyData does not warrant the accuracy or completeness of the information to the full extent permitted by the law and excludes all loss or damage howsoever arising (including through negligence) in connection with the data supplied by Property Data. The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.