Prime Investment Opportunity - Entire Block Of 8 Premium Apartments In Balaclava
141 Hotham St, Balaclava VIC 3183, Australia
Balaclava, Victoria, 3183, Australia
Pricing for this property is confidential. Please reach out for more information.
5,166.68
ft²
0.15
acres
-
beds
8
baths
Property Provided By
- Danny Clark
- Gross Waddell ICR
-
+61 448 066 889
(Australia)
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Connect with local buyer agents who are willing to offer commission savings!
Property Information
Gross Waddell ICR is pleased to offer for sale 141 Hotham Street, Balaclava. Positioned in the bustling inner suburb of Balaclava, one of Melbourne’s most revered and tightly held locations, this rare opportunity comprises an entire block of 8 fully self-contained apartments on a generous parcel of land. Surrounded by exceptional amenity and connectivity, this blue-chip block of apartments is ideally suited to savvy investors, land bankers, or developers (STCA).
• 8 x 2-bedroom apartments offering high quality accommodation
• Strong holding income of $291,200* gross per annum
• Each apartment comes fully furnished and is sold on an as-is basis
• Solid brick construction, low maintenance, and benefiting from off-street parking for residents
• Potential for strata sell-down (STCA) or to be held in one line to capitalise on low vacancy rates and sustained upward pressure on rents
• Expansive 592 sqm* landholding within a favourable General Residential Zone (GRZ1)
• Walking distance to an array of retail and lifestyle amenity along Carlisle Street and Glen Eira Road
• Moments to both Balaclava and Ripponlea train stations, as well as trams along Nepean Highway and Chapel Street
• Proximity to elite education facilities including Caulfield Grammar, Mount Scopus, and St Michael’s Grammar
For sale by public on-site auction on Wednesday, 22nd April 2026 at 2:00 pm. For further information or to organise an inspection, please contact the team at Gross Waddell ICR directly.
*approx.
Source Disclaimer
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-03-23 11:17:53. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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Pricing for this property is confidential. Please reach out for more information.
Property Provided By
- Danny Clark
- Gross Waddell ICR
-
+61 448 066 889
(Australia)
How to make international calls
Connect with local buyer agents who are willing to offer commission savings!
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