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1-9 / 16 Cardigan Street, St Kilda East

VIC 3183

  • 18
  • 9
  • 9
  • 927m2

Sold

Price undisclosed

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A rock solid 60’s investment opportunity

An investment opportunity of a lifetime awaits in a prime lifestyle location! Investors & developers, don’t miss this unique opportunity to make your mark & enjoy endless blue-chip returns on an exceptional solid 60’s block of nine generously proportioned apartments. Brilliantly located & loaded with lifestyle advantages, this well maintained block offers the best of both worlds. Investors looking to secure property in a high growth location, with potential to achieve a rental income of approximately $360 per week each & with scope for further refurbishment, to hold, on sell individually or even redevelop – the options are endless (STCA). This 927m2* allotment comprises three levels of two bedroom single level apartments with house like proportions & varying floorplans. All nine large, light filled & neatly presented apartments feature parquetry flooring, a separate functional kitchen with gas cooking & space for meals area, spacious living/dining room enjoying balcony access, original condition central bathrooms with laundry facilities, separate toilets & two good-sized bedrooms with built in robes. The block also features undercover & off street parking for each apartment. Ideally located in the heart of St Kilda East close to the fabulous Carlisle Street with some of Melbourne’s best coffees, vibrant nightlife, beautiful parklands & a choice of transport options at your fingertips. Don’t miss this rare & exciting opportunity to capitalise on this fantastic address! *Approximate Title Dimensions.

Contact us

Jacob Kingston

Licensed Estate Agent



St Kilda East suburb statistics

Houses*


Median sale price

$1,620,000

Quarterly price change

-1.11%


Units*


Median sale price

$610,000

Quarterly price change

2.95%


Sales insights


Auction clearance rate*

57%



Median days on market

27 days



Total sold properties*

58


*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.

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