11-17 Jeffcott St, West Melbourne, is listed for sale with price hopes of $19.988m. Student accommodation and apartments could be the pot of gold at the end of this rainbow on the edge of Melbourne's CBD. The 468sq m property at 11-17 Jeffcott St, West Melbourne , has been listed for nearby $20m as an investment with significant future development upside. The property is currently returning around $800,000 a year in rent, but presents a significant upside for new owners. RELATED: Top 10 Aussie regions raking in billions of commercial investment Lune Croissanterie's flagship store for sale Commercial Bureau director Gideon Marcus said the property would suit investors with an eye to future development as student accommodation or apartments.

https://www.realcommercial.com.au/news/student-digs-could-drive-value-in-west-melbourne-building

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