24a Jervois Street, St Kilda East

for sale

Cash Cow

Invest or Develop, 23 Studio apartments to be sold as a whole, Registered Boarding house.

• Current return $233,220 per annum (approx)
• Land Tax Exempt
• Land Size 847 sqm (approx)
• Close to Alma Park and Carlisle Street
• To be sold as a whole
• Future rental upside
• Undercover parking for each unit.

Ideal investment, perfect for superfunds and developers alike.

Listing Highlights

  • Current return $233,220 per annum
  • To be sold as a whole
  • Future rental upside

Property Details


Asset Type
Land Development

Building Area
800 m2*

Land Area
847 m2*

Car Parking
23 spaces

Price
Contact Agent