$1,200,000 - $1,300,000

14 Bed  •  7 Bath  •  7 Car  •  834m²

Main view of Homely block of units listing, 8 Sydney Street, Albion VIC 3020
Floorplan of Homely block of units listing, 8 Sydney Street, Albion VIC 3020
Second view of Homely block of units listing, 8 Sydney Street, Albion VIC 3020
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8 Sydney Street, Albion VIC 3020

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$1,200,000 - $1,300,000

  • 14
  • 7
  • 7
  • 834m²

Block of Units for sale7 days on Homely

Next inspection:Tue 9 Sep 12:00pm

Auction date:Thu 25 Sep 11:30am

What's around Sydney Street

Block of Units description

“Why Buy One When You Can Buy The Whole Block”

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 details

Area: 834m²

Documents

Statement of Information: View

Interactive media & resources

Auction time

Thursday
25 Sep 11:30 AM

Inspection times

Tuesday
9 Sep 12:00 PM
Thursday
11 Sep 3:00 PM
Saturday
13 Sep 10:00 AM
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Third view of Homely block of units listing, 8 Sydney Street, Albion VIC 3020View more
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8 Sydney Street, Albion VIC 3020
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