24 McLean Street
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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.
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 18
- Bathrooms
- 0
- Parking
- 12
- Listed
- 2 weeks ago
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Expressions of Interest, Closing Tuesday 12 May at 5:00pm
Affordable Entry with Endless Upside
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Within 5km