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2-4 Garden Avenue, East Melbourne, Vic 3002 For Sale
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2-4 Garden Avenue, East Melbourne, Vic 3002

Expressions of Interest $4,500,000 - $4,950,000

Apartment
Type
12
Bedrooms
12
Bathrooms

Published on Thursday, October 01, 2026 ( See property details for 2-4 Garden Avenue, East Melbourne, Vic 3002)

Expressions of Interest $4,500,000 - $4,950,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare opportunity to acquire a heritage-listed, modernised block of twelve apartments in the prestigious East Melbourne MCG precinct with stunning city views and significant investment potential.

🏡 Property Highlights

  • Entire block of twelve strata titled residences with significant investment potential
  • Located in the prestigious MCG precinct of East Melbourne with scope for future growth
  • Designed by renowned architect I.G. Anderson, showcasing preserved Art Deco heritage
  • Largely modernised with four studio apartments and eight single-bedroom residences
  • Features a roof terrace with sunset views over the MCG and city skyscrapers
  • Listed building of genuine historical significance with impressive architectural details

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Balcony
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Fully fenced
  • Water tank

East Melbourne offers a vibrant lifestyle with close proximity to the MCG, Fitzroy Gardens, and a variety of cafes, shops, and public transport options. The area boasts rich heritage architecture, lush parklands, and a thriving cultural scene, making it highly desirable for residents and investors alike.

What is the current condition of the apartments and are there any planned renovations?
The apartments are largely modernised, maintaining their historic Art Deco features, with no current planned renovations indicated.
What are the rental yield and potential return on investment for this property?
The property offers impressive yield credentials due to its modernised units and prime location, making it an attractive investment opportunity.
Are there any restrictions or covenants related to the heritage listing of the building?
As a heritage-listed building, any modifications may require approval to ensure preservation of its architectural significance.
What are the ongoing costs associated with owning these apartments, including strata fees and maintenance?
Ongoing costs typically include strata fees, maintenance, and insurance, which should be confirmed with the current strata management.
Is there parking available for residents and visitors?
The property details do not specify parking; potential buyers should inquire about parking arrangements with the seller.
Are there any existing easements, zoning restrictions, or planning overlays that could affect future development or renovations? Has the property been inspected for structural issues or heritage-related defects? Are there any upcoming council or community plans that could impact the neighbourhood or property value? What are the total costs involved in maintaining the heritage-listed building, including any special levies or restrictions? Is there any history of flooding, bushfire risk, or environmental hazards in the area? Are there any current or planned construction projects nearby that could cause noise or disruption? What are the details of the strata or owners' corporation, including fees, rules, and meeting minutes? Are there any restrictions on leasing or subletting the apartments? What is the history of the property's ownership and has it been involved in any disputes? Are there any additional costs or requirements for heritage compliance or preservation?

2-4 Garden Avenue, East Melbourne, Vic 3002 - More Details

Expressions of Interest $4,500,000 - $4,950,000

Expressions of Interest

A true rarity among affluent, leafy surrounds, this entire block of twelve strata titled residences presents enticing investment potential, scope for future growth, and room to add further value in the MCG precinct of adored East Melbourne. Carrying with it the signature of era prominent architect I.G. Anderson, the Moderne icon stands as one of five on its cul de sac renowned nationwide for its preserved Art Deco heritage. Largely modernised, four studio apartments and eight single bedroom residences all offer instant comfort and impressive yield credentials, joined by a roof terrace staging sunsets over the MCG and city skyscrapers. Solid terrazzo, sleek curves, decorative brickwork, and protruding balconies headline an array of details for which Anderson’s landmark is so widely beloved, standing as a listed building of genuine significance and investment opportunity rare in an enclave of such esteem. Shops, bars, and eateries are around the corner, parkland surrounding the MCG is directly opposite, and trams, trains, Bridge Road, the local library, and locals’ favourite cafés all sit within metres, while a stroll through Fitzroy Gardens reveals the day and night verve of the city’s East End.
Type
Apartment
Bedrooms
12
Bathrooms
12

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Map & nearby places — 2-4 Garden Avenue, East Melbourne, Vic 3002

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Costs and returns

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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