The ultimate inner city investment
This well maintained boutique block of six represents a unique stake in an inner city pocket offering significant rewards and returns over the immediate, medium and long terms. Each two bedroom apartment currently provides a generous, updated floor-plan featuring large living/dining areas, a user friendly modern kitchen zone and a central bathroom that serves the attractive accommodation. Scope to renovate and value add to the present day proportions will maximize today's income stream while options for re-developing the entire site, STCA, are encouraged by an allotment measuring 827 sqm approx. Such a substantial parcel of land so close to the city, complemented by proximity to the Glenferrie Road precinct, St James Park, Hawthorn station and prestigious schools, inspires ideas for making the utmost of this outstanding opportunity. Rear right-of-way and off street parking for each apartment further defines a property with a sensational upside, on a single title.
Lot/Plan No: 33/LP1472