overview
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1P2469
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Industrial
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For Sale
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680 sqm
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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.
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.