Positioned on a prominent corner block within a General Residential Zone, previously there were 9 student accommodation rooms, with permit for 12 beds. Potential earning approximately $100,000 per annum, the sale of this property opens a galaxy of possibilities to the creative mind for renovation or development (subject to council approval and vacant possession provided). Today, this building still has glimpses into its past with towering high ceilings, closed in fireplaces and ornate fretwork. Clear views of the city can be enjoyed from the wide corner balcony, whilst in the heart of Hawthorn’s best entertainment and education. Located moments from Auburn Village and Auburn Station, a 10 minute walk to Glenferrie Road’s bustling strip of cafés, restaurants and shopping, or an easy walk to the renowned Camberwell Junction shopping strip. Easy access to the Monash freeway, and only 300 metres to Swinburne University, and surrounded by elite private schools including Carey Grammar, Scotch College, MLC and Trinity Grammar.
Our vendor is extremely committed to the sale.
Lot/Plan No: 49/LP914