Best Buyers Agency of the year - 2025

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Featured Property Sean's Story


 

 

Investors

Circa: $1.1M

 
 
 
 
Tass Pattas
senior buyers' advocate
M 0417 808 077

 

Melbourne, VIC
2 Beds 2 Baths
BUYERS' AGENT COMMENTS

Ex-Pat Client Success Story – South Melbourne Commercial Warehouse Conversion Purchase. A Singapore-based expatriate client engaged Propertybuyer to secure a premium property in Melbourne. The client was particularly interested in the sought-after areas of Albert Park and South Melbourne. The client’s ideal property was a stylish warehouse conversion that could deliver a strong rental yield whilst also serving as a future residence should he choose to return to Melbourne. Over the Easter break, we conducted inspections on more than a dozen carefully selected properties. Ultimately, we secured a standout opportunity that topped his shortlist. This exceptional property was one (1) of only four (4) in a boutique development, fully refurbished in a sleek New York-style design, with full width street frontage. Situated in a prime location between St Vincent Gardens and Albert Park Lake, and just a short walk to the South Melbourne Market, the first-floor two-bedroom, two-bathroom residence combines urban sophistication with high investment potential. The result is a unique, dual-purpose asset—offering both a lucrative rental return and a stylish inner-city retreat for the client’s future lifestyle. Key Benefits: BOUGHT: $1,165,000 as vacant possession Expected Gross Yield: circa 4% Total Living: 132 m2 plus Fully Enclosed Sunroom Area: 14m2 Renovated converted warehouse with exposed timer and brick Stone benchtops Miele appliances Skylights in bathrooms Zoned heating and cooling Integrated sound system Double glazed windows Heated towel rails Shared storage room Shared parking off street 3.7 km to Melbourne CPD Rail: 100m approx Bus: 400m approx Shops: 700m approx

 

 

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