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Investment Perfection – A Whole Fitzroy Apartment Block

29-33 King William Street, FITZROY VIC, 3065

Sold

Property Sold in 29-33 King William Street, FITZROY VIC, 3065

Listing ID:
11306604
Status:
Sold
Price:
EOI Closed
Last Updated:
12/12/2019
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Property Type

Other/Land/Development/Land/Development
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Land Area

545 SQM
Icon size

Floor Area

615 SQM
Icon parking

Parking

N/A

Investment Perfection – A Whole Fitzroy Apartment Block

29-33 King William Street, Fitzroy represents an unprecedented opportunity to secure a fully let apartment block only a few hundred metres from the CBD. The property’s prime location provides for an unrepeatable investment opportunity with a compelling refurbishment and value add potential.

The key attributes of this unique investment opportunity include:


• A whole block of 15 leased apartments on the edge of the CBD
• Current income of $227,604 per annum*
• Premium landholding of 545sq m* with rear laneway access
• Top floor providing stunning CBD views
• Located only 750m* from the CBD and only a short walk from Gertrude Street, Brunswick Street and the Carlton Gardens
• Surrounded by the best retail and lifestyle amenity Melbourne has to offer
• An extremely rare investment opportunity in one of Melbourne’s very best locations!

An investment opportunity such as 29-33 King William Street is exceptionally rare, particularly when you consider its strategic location, the rental upside and potential value add / refurbishment opportunity. Fitzroy is one of Melbourne’s best city fringe suburbs and thus, we urge prospective purchasers to deeply consider the fantastic opportunity that this building represents.

EOI Closed - Offers Under Review

For further information on this magnificent investment opportunity please contact:

Clinton Baxter - 0413 569 888
Nick Peden - 0402 011 266
Mark Stafford - 0404 401 053

*Approx.

For more details, please email agent

Savills Melbourne

Level 48, 80 Collins Street, Melbourne, VIC 3000


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