15 McKinley Avenue, Malvern, Vic 3144

iDeal Commercial is pleased to present 15 McKinley Avenue, a rare and outstanding opportunity to secure a full apartment block in one of Melbourne's most tightly held and sought-after suburbs.

This well-maintained, three-level brick building comprises 12 spacious, light-filled two-bedroom apartments - with 12 individual car spaces, offering an enviable blend of income security and long-term capital growth.

Each apartment features:
• Two generous bedrooms with built-in robes
• A bright living/dining area
• Separate kitchen and bathroom
• Approximate size of circa 60sqm* per unit

The building occupies a prime allotment of 965sqm* in a quiet, tree-lined street, moments from Malvern Central Shopping Centre, Malvern Station, and Cabrini Hospital. This blue-chip location ensures strong ongoing rental demand, with a current rental return of approximately $326,000 offering immediate income from day one with scope for further rental upside.

Key highlights include:
• Whole block of 12 x 2-bedroom apartments
• Secure investment with consistent rental income
• Potential for strata subdivision (STCA)
• 12 car spaces on title
• Excellent rear access from ROW
• Premier location near transport, retail, and healthcare hubs
• Land area: 965sqm*

Whether you're a seasoned investor seeking to expand your portfolio, a visionary buyer interested in strata subdivision or refurbishment potential, 15 McKinley Avenue is a compelling and flexible investment in a location synonymous with capital stability and prestige.

Expressions of Interest closing Wednesday 16th July at 2:00pm

In conjunction with Jellis Craig Stonnington –  Will Bennison 0438 572 371