Teska Carson is pleased to present 7 Raglan Street, St Kilda East for private sale.
Located in a fantastic tree lined street of St Kilda East, 7 Raglan Street offers buyers an opportunity to acquire a well-positioned apartment block ideally suiting investment with future development potential.
Key attributes of this offering include:
- Comprising 12 x one-bedroom units over two levels with on-site parking
- 726sqm* of valuable land with zoning General Residential (GRZ)
- Currently returning $221,100 per annum, with one vacancy, providing ability to increase to a potential fully let income of $241,956 per annum
- Situated 100 metres from Alma Park Gardens, and a short walk from Chapel Street’s highly populated Shopping Precinct, comprising an array of shops, cafes and restaurants
- Close proximity to brilliant educational schools (St Michaels Grammar), public transport (Windsor Train Station) and Melbourne’s CBD (7km)
- Raglan Street and the surrounding area set to benefit from Neometro’s recently approved boutique residential development at 97 Alma Road, comprising 41 apartments and 21 townhouses
- Nearby major arterial routes include Dandenong Road, Nepean Highway and St Kilda Road
For further information do not hesitate to contact Luke or Michael.
Luke Bisset 0400 344 211
Michael Ludski 0419 02 02 03
*approx.