$2,200,000 - $2,400,000
1-6/198 Rathdowne Street, Carlton VIC 3053
Apartment
664
Block size: 311 m² approx.
Expressions of Interest Closing Monday 3 June at 5.00
Unrivalled investment opportunity on iconic Carlton corner
Presenting a rare opportunity of impressive scope, 198 Rathdowne Street is a unique proposition in a prominent corner location. With six one bedroom apartments on the one title, the iconic, eye-catching building attracts attention with its striking design, and sits in a highly desirable spot for renters. Offering estimated rental returns of $140,000 per annum, it makes for an exceptional investment to add to your property portfolio.
Set across three storeys, the six residences each feature a BIR bedroom, modern kitchen (oven, electric cooktop, dishwasher), central living space, shower bathroom, European laundry and split-system heating/cooling.
The first and second floor apartments all open out to private balconies, with the two top floor residences taking in impressive city views and generous outdoor spaces, offering additional appeal. The property comes with 4 off street parking spaces for residents.
The brilliant locale offers an impressive array of amenities in easy walking distance, including Lygon Street's iconic Carlton strip, Rathdowne Village, Carlton Baths, Cinema Nova, supermarkets, Brunswick Street, Carlton Gardens, IMAX, Melbourne Museum, Melbourne Uni, Princes Park, Royal Park, Edinburgh Gardens and so much more.
We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
Presenting a rare opportunity of impressive scope, 198 Rathdowne Street is a unique proposition in a prominent corner location. With six one bedroom apartments on the one title, the iconic, eye-catching building attracts attention with its striking design, and sits in a highly desirable spot for renters. Offering estimated rental returns of $140,000 per annum, it makes for an exceptional investment to add to your property portfolio.
Set across three storeys, the six residences each feature a BIR bedroom, modern kitchen (oven, electric cooktop, dishwasher), central living space, shower bathroom, European laundry and split-system heating/cooling.
The first and second floor apartments all open out to private balconies, with the two top floor residences taking in impressive city views and generous outdoor spaces, offering additional appeal. The property comes with 4 off street parking spaces for residents.
The brilliant locale offers an impressive array of amenities in easy walking distance, including Lygon Street's iconic Carlton strip, Rathdowne Village, Carlton Baths, Cinema Nova, supermarkets, Brunswick Street, Carlton Gardens, IMAX, Melbourne Museum, Melbourne Uni, Princes Park, Royal Park, Edinburgh Gardens and so much more.
We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
Inspections
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Contact Jason Sharpe to enquire about this property including alternatives to in-person inspections.
Key details
Bedrooms:
6
Bathrooms:
6
Garage Spaces:
4
Property type:
Apartment
Block Size:
311 m²*
Other Details
Next Inspection:
Maps and area information
Block information
Block size: 311m² (approx)
No block information available
Measurements are estimates only and based on data provided under licence from
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Property history
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Statement of information
Section 47AF of the Estate Agents Act 1980
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Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.
Carlton suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
28 years
Population
16,055
Listing ID: 182502391. This listing has been viewed 9 times. It was first displayed on 07/05/2024 and last updated on 20/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.