overview

  • 1P2469
  • Industrial
  • For Sale
  • 680 sqm
  • 684 sqm

Description

Positioned in the heart of Carlton
JRW Property International is proud to present 1-13 Elgin Street, Carlton VIC 3053, for sale for the first time since 1940.

This prime investment boasts a double street frontage and is currently leased to a long-term tenant, Beaurepaires, a reputable business with over 110 Google reviews averaging 4.6 stars. Currently returning $160,000 per annum plus GST and Outgoings.

Positioned in the heart of Carlton, within walking distance to University of Melbourne and local amenities, the property sits in a General Residential Zone, offering significant redevelopment potential for student accommodation or Build-to-Rent (BTR) projects, catering to the competitive rental market.

For more information or to further discuss this unique investment opportunity, please contact the team at JRW Property International.

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