Cushman & Wakefield is pleased to present Units 1-12, 65 Tivoli Road, South Yarra for sale via Expressions of Interest closing Thursday, 30th April at 2:00 PM (AEST).
This rare full-block offering presents a unique opportunity to acquire a collection of twelve apartments in one of Melbourne’s most sought-after prestige suburbs. Located in a high-demand rental market, the property offers strong income potential and long-term investment flexibility, with strong development upside.
Key Property Features:
- 12 strata-titled one-bedroom apartments across three levels
- Six on-site car spaces
- Generous site area of 619 sqm* zoned Neighbourhood Residential Zone (NRZ-2)
- Proposed inclusion in the inner-catchment area of the South Yarra Activity Centre
- Current gross annual rent over $234,520 per annum from private market rent
- Frontage to Tivoli Road of 18m and rear laneway access
- Proximity to the Royal Botanic Gardens and The Yarra River
- Strong rental demand driven by proximity to key lifestyle precincts such as Chapel Street, Toorak Road and Church Street Richmond
- Only 500m* to South Yarra Train Station and 350m* to the No.58 tram
- The property offers immediate rental income with scope to value-add, reconfigure or completely redevelop (STCA)
- Prestige suburb with a median house price of $2.1m^
*Approx.
^REIV
For further details, please contact Cushman & Wakefield:
Hamish Burgess | +61 421 641 497
Joe Kairouz | +61 421 430 638
Leon Ma 马海翔 | +61 417 070 725
*Approximate
- Inner East Melbourne
