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Block of Units for Sale

8 Sydney Street Albion, VIC 3020

$1,200,000 - $1,300,000Floorplan
  • 14 Beds
  • 7 Baths
  • 7 Cars

Inspection and auction details

  • Inspection:Thursday
    18September
    12:00pm - 12:30pm
  • Inspection:Saturday
    20September
    1:15pm - 1:45pm
  • Auction
    25September11:30am
    11:30am
    8 Sydney Street, Albion

Auction location: 8 Sydney Street, Albion

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8 Sydney Street, Albion, VIC 3020

Block of Units for Sale in Albion

Why Buy One When You Can Buy The Whole Block

  • 14 Beds
  • 7 Baths
  • 7 Cars

Under Instructions from the Liquidator - Property must be sold at auction. No offers prior!

Rarely does opportunity present itself with such compelling clarity. Seven 2-bedroom apartments across twin complexes on 834sqm, completely vacant and ready for your vision - this is investment excellence in its purest form.
Recent renovations have elevated these thoughtfully designed residences, each featuring generous proportions, dedicated bathroom facilities and secure off-street parking. The numbers tell their own story: approx $130,000 annual returns as-is, with scope to substantially enhance yields through strategic improvements.
Location amplifies opportunity. Albion Station beckons within walking distance while Sunshine's bustling CBD sits moments away in Melbourne's dynamic western growth corridor. Tree-lined streets lead to vibrant cafes, established parks and seamless freeway access - the foundations of enduring rental appeal that historically delivered exceptional occupancy rates.
The liquidator's instruction creates urgency, but also unprecedented access to a complete investment portfolio. Purchase as one strategic acquisition, explore subdivision possibilities, or reimagine the entire offering. Each pathway promises reward in this tightly-held precinct where vacancy was never a concern and tenant demand consistently strong.
Two buildings, seven apartments, 14 bedrooms, 7 bathrooms, 7 car spaces, infinite possibilities - all awaiting the investor astute enough to recognise that opportunities of this scale and potential seldom emerge in today's competitive market.

Land:

834m² / 0.21 acres

Parking:

7 off street parks

Bedrooms:

14

Bathrooms:

7

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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