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 $254,800* gross per annum with a fully let income of $291,200 per annum*

• Each apartment comes fully furnished and is sold on an as-is basis

• Solid brick construction, low maintenance, and benefiting from 5 off-street parks 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.