1-6/112 Westbury Street
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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
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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 Sparrow — 78 m away
- Hewison Reserve — 242 m away
- William Street Reserve — 423 m away
- Unnamed — 684 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
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Full Balaclava marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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