Home/Properties/Balaclava/1-6/112 Westbury Street
1-6/112 Westbury Street, Balaclava$2.94m
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1-6/112 Westbury Street

Balaclava, VIC 3183, Australia
$2.80m – $3.08m
12 bed 6 bath 6 car606 m²

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About this property

Brimming with Art Deco charm & generously proportioned interiors, this boutique block of six solidly built apartments presents an exceptional investment opportunity in the heart of St Kilda East on a strategic parcel of 606m2* land. zoned GRZ1. Set behind a charming clinker brick façade, each light filled apartment features two spacious bedrooms, one central bathroom with separate toilet, a functional kitchen with space for meals area & a generously sized living & dining room with period detail including ornate ceilings, cornices & original timber flooring featured throughout. With all apartments currently liveable or rentable as is, there's also exciting potential to renovate & enhance each property over time, boosting future rental returns & long term capital growth. Each apartment also includes off street parking. Centrally located for ultimate convenience, with Chapel & Carlisle Streets, Alma Park, trams, Balaclava Station, cafés, restaurants & shops all just moments away. *Approximate Title Dimensions.

Property Details

Property Type
land
Listing Type
For Sale
Bedrooms
12
Bathrooms
6
Parking
6
Land Area
606 m²
Listed
3 months ago

Repayment calculator

$14,253/month
$7,126 /fortnight
Loan $2,352,000 at 6.10% over 30 years

Upfront costs

Deposit$588,000
Stamp duty$171,100
Conveyancing (est.)$2,000
Total upfront$761,100
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Balaclava

This 12-bedroom land in Balaclava, VIC 3183 sits within reach of public transport, local shops local amenities. It is listed 336% above the $675,000 median of 50 comparable landswithin 5 km.

What's nearby

  • Stop 39: Orange Grove (tram)88 m away
  • Little Sparrow78 m away
  • Hewison Reserve242 m away
  • William Street Reserve423 m away
  • Unnamed684 m away

Balaclava at a glance

Full suburb profile
Population
5,392
Median age
35
Household income
$2,026/wk
Median rent
$386/wk
Median mortgage
$2,223/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Balaclava price trend

Median sold · House 3 bed

Compound growth -2.9% / yr over 4 yrs

$1.43mcurrent median

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