1/46 Munster Ave, Carnegie is a 18 bedroom, 15 bathroom Unit with 8 parking spaces and was built in 1968. The property has a land size of 800m2.
EXPRESSIONS OF INTEREST CLOSING Tuesday 2nd June 2:00pm
A rare & outstanding opportunity awaits the astute investor a fully refurbished block of eight tenanted apartments in the heart of Carnegie, offering immediate income of approximately $281,000 & exciting long term growth & on a generous 800m2* allotment. Completely transformed from top to toe, each of the eight stylish, generously proportioned residences showcases a well planned similar layout with quality finishes throughout. Comprising two three-bedroom apartments & six two-bedroom apartments across two levels, each residence features a spacious open plan living & dining zone with timber flooring, leafy outlooks & access to sun-drenched balconies. Well appointed stone kitchens are equipped with quality stainless steel appliances (including dishwashers) & ample storage. The accommodation includes a comfortable main bedroom with built-in robes & a modern ensuite, while additional bedrooms, also with built-in robes, are serviced by a sleek central bathroom. Other features include split system heating/cooling, laundries & covered off street parking at the rear of the block. Positioned in a thriving, high demand location, this exceptional investment is just moments from Koornang Roads vibrant shops, cafes & restaurants, Carnegie Station, parklands, schools & Monash University.
*Approximate Title Dimensions.
The size of Carnegie is approximately 3.7 square kilometres. It has 5 parks covering nearly 6.0% of total area. The population of Carnegie in 2016 was 17388 people. By 2021 the population was 17909 showing a population growth of 3.0% in the area during that time. The predominant age group in Carnegie is 30-39 years. Households in Carnegie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carnegie work in a professional occupation.In 2021, 55.10% of the homes in Carnegie were owner-occupied compared with 52.40% in 2016.
Carnegie has 11,895 properties. Over the last 5 years, Houses in Carnegie have seen a 2.14% increase in median value, while Units have seen a -6.71% decrease. As at 30 April 2026:
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