Lucrative Investment Or Redevelopment Opportunity
1, 2 & 3/268 Bambra Road, Caulfield South
Three apartments, one title and 758sqm (approx.) of land, this unique Art Deco property presents itself as a lucrative investment or premium redevelopment opportunity (STCA). Boasting solid double brick construction, the entire building stands in great original condition, with secure tenancies in place returning a combined rental of $4,953 per month. Apartment 1, occupies two levels; comprising a front terrace with park views, spacious lounge, separate dining, kitchen with gas cooking, three bedrooms, a laundry, central bathroom, two toilets, gas heating and plentiful storage. While apartment 2, and 3, contain identical floorplans; featuring spacious lounge and dining rooms, original kitchens with gas cooking, two robed bedrooms, gas heating, central bathrooms and a shared laundry. Each apartment has its own single garage and shares the use of a well-maintained communal garden. Rich with old world character, you could leave the complex as is, refurbish it or explore the option of dream home/new apartment redevelopment (STCA). Whatever you decide, the property’s blue chip location will always guarantee lifestyle excellence. Situated directly opposite Princes Park. Accessing buses, trams, cafes and Caulfield South Primary School on foot. Only minutes from shops, trains, Leibler Yavneh and Wesley Colleges.
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