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24 McLean Street

Brunswick West, VIC 3055, Australia
$5.50m
18 bed 11 bath 12 car

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Area Price Guide
$5.17m$5.83m

Indicative price guide range

🏘️
71
Comparable
📊
$645,000
Area median
⚖️
+753%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Fully Leased 10-Unit Complex | $280,000 Annual Return Astute investors and SMSF managers, here's your chance to acquire a premium, income-generating asset in one of Melbourne's most sought-after inner-city locations. The Opportunity This exceptional offering comprises an entire boutique complex of 10 luxury apartmentsbrand new, fully leased, and immediately cash-flow positive. With strong tenant demand and rental growth trajectory in Brunswick, this turnkey investment delivers both security and upside potential. Property Highlights Mix of contemporary 1 and 2-bedroom apartments Recently completed to exacting modern standards 100% occupancy with quality tenants in place Current gross yield: approximately $280,000 per annum Ideally suited for individual investor portfolios or SMSF acquisition Location Benefits Positioned in the heart of Brunswick, residents enjoy: Walking distance to Moreland Road and Albion Street precincts Multiple public transport options at the doorstep Proximity to Brunswick North West Primary School Easy access to Strathmore and Brunswick Secondary Colleges Direct CityLink connectivity for CBD commuters Investment Fundamentals The ongoing rental shortage across Melbourne's inner north continues to drive strong demand and rental growth. This fully tenanted asset offers immediate returns with excellent prospects for capital appreciation in a tightly held market. Inspection Strictly by private appointment for pre-qualified investors only. Disclaimer: Every precaution has been taken to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $26,664/month
    $13,332 /fortnight
    Loan $4,400,000 at 6.10% over 30 years

    Upfront costs

    Deposit$1,100,000
    Stamp duty$337,500
    Conveyancing (est.)$2,000
    Total upfront$1,439,500
    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.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Bedrooms
    18
    Bathrooms
    11
    Parking
    12
    Listed
    2 months ago

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