1-8/22 Selwood Street
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About this property
Current Rental Income: Unit 1 $460 per week / $1999 per calendar month (Leased) Unit 2 445 per week / $1934 per calendar month(Leased) Unit 3 $320 per week / $1390 per calendar month(Rent will be reviewed soon) Unit 4 $435 per week / $1890 per calendar month (Leased) Unit 5 $380.25 per week / $1,521 per calendar month Unit 6 $340 per week / $1,477 per calendar month Unit 7 $425 per week / $1,847 per calendar month Unit 8 $435 per week / $1,890 per calendar month Elevated, tree-lined position in a highly sought-after lifestyle precinct Solid block of eight one-bedroom apartments, circa late 1950searly 1960s Set on approximately 719sqm with no Heritage Overlay Outstanding opportunity for investors, renovators or developers (STCA) Fully leased, delivering immediate and consistent rental income Strong potential to enhance value through refurbishment or future redevelopment Constructed in solid pressed brick with concrete slab floors Retains original mid-century character, including: Parquetry timber flooring Terrazzo finishes Classic pedestal basins Functional layout comprising: Ground-floor apartments with direct garden access Upper-level residences with private balconies Potential for future city skyline views from a third storey (STCA) Additional features: Communal laundry facilities Four off-street car spaces Ideally positioned close to: Camberwell Junction shops, cafés and restaurants Public transport options Leading schools and parklands Rare opportunity to secure a well-maintained, income-producing asset with long-term upside Compelling combination of immediate return, character appeal and future development potential in a blue-chip location
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Bedrooms
- 8
- Bathrooms
- 8
- Parking
- 4
- Land Area
- 719 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Hawthorn East
This 8-bedroom land in Hawthorn East, VIC 3123 sits within reach of public transport, local shops and nearby schools. It is listed 187% above the $1.15m median of 53 comparable landswithin 5 km.
Schools near Hawthorn East
- Auburn Primary Schoolprimary · Prep-6 · CoEd
- Auburn South Primary Schoolprimary · Prep-6 · CoEd
- Alia Collegesecondary · 7-12 · CoEd
- Auburn High Schoolsecondary · 7-12 · CoEd
What's nearby
- Stop 41: Riversdale Road (tram) — 556 m away
- Cycles Galleria — 585 m away
- Unnamed — 445 m away
- Lower Reserve — 521 m away
- Unnamed — 545 m away
Hawthorn East at a glance
Full suburb profile- Population
- 14,834
- Median age
- 36
- Household income
- $2,253/wk
- Median rent
- $415/wk
- Median mortgage
- $2,500/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Hawthorn East price trend
Median sold · House 3 bed
Compound growth +1.0% / yr over 4 yrs
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Full Hawthorn East marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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