9-11 Garden Avenue, East Melbourne, VIC 3002

Development/Land | Hotel/Leisure | Other

For Sale AUCTION

Auction: Thursday, May 9, 12:30 PM

  • Property ID: 442539
  • Floor Area: 538m²
  • Land Area: 538m²
  • Occupancy: Vacant
Rare AAA+ Domain Precinct East Melbourne Art Deco- Block of Apartments

Stonebridge Property Group is pleased to present 9-11 Garden Avenue, East Melbourne for sale via Public On-site Auction.

The key highlights of the opportunity include:

- Rare AAA+ Domain Precinct East Melbourne art deco block of 4 oversized 2-bedroom apartments

- Large dual street frontage landholding of 538 sqm* with with rear surplus land

- Potential for conversion into a whole prestigious home or family compound (STCA)

- Underutilised rear land (with access) ideal for residential development play (STCA)

- Enormous potential for value add and rental uplift through refurbishment / releasing of existing flats

- Building configuration includes 4 x 2-bedroom, 1-bathroom apartments with 4 on-site car spaces

- Future development potential providing for elite residential, hotel, or accommodation outcomes (STCA)

- Garden Avenue is opposite the world-famous MCG & 7 min walk to the Melbourne CBD via Treasury Gardens

- Prestigious East Melbourne precinct address where some homes can sell in excess of $12,000,000 and with a median house price of $3,650,000^. A true blue-chip pocket of Melbourne, Australia

The property will be Open for Inspection at the following times:

- Wednesday 3rd April 2024 - 12:30PM

- Saturday, 6th April 2024 - 10:00AM

- Wednesday 10th April 2024 - 12:30PM

- Wednesday 17th April 2024 - 12:30PM

- Saturday, 20th April 2024 - 10:00AM

- Wednesday 24th April 2024 - 12:30PM

- Wednesday 1st May 2024 - 12:30PM

- Saturday, 4th May 2024 - 10:00AM

- Wednesday 8th May 2024 - 12:30PM

9-11 Garden Avenue, East Melbourne is for sale via Public On-site Auction Thursday 9th May 2024 at 12:30PM (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Dylan Kilner
0459 396 341

Max Warren
0488 296 892

Chao Zhang ??
0411 625 068

*Approximately
^ REIV

Property Code: 918

East Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices --- $432 ---
Retail --- $533 ---
This is the average advertised price, rent and yield for East Melbourne, VIC 3002*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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