THE BLOCK - Brimming with possibility, surrounded by amenity in the Balwyn High School Zone - Approx. 659m2.
Delivering astounding possibilities for the clever investor or developer, this mid-century complex of four apartments on one title is a rare yet fortunate find, currently returning approx. $65,000 pa. Bolstered by outstanding amenity, the site is a promising investment to flip or hold, an easy walking distance to Greythorn Central's tasty eateries, conveniences and transport, Koonung Creek's leafy trails and recreation, and elite schools including Balwyn High School, while just minutes from the Eastern freeway.
Set on a leafy allotment with four carports, the apartments offer the larger proportions of yesteryear's solid-brick construction, delivering spacious luxury in well-maintained, yet mostly original condition. A combination of 2x two-bedroom apartments, and 2x one-bedroom apartments each provide exceptional living spaces for easy relaxation and formal dining, while the large retro-styled kitchens provide space for casual meals.
An easy investment to hold for future years as is, or to renovate to maximise gains, the homes promise exciting future possibilities, with huge laundries for creative renovation ideas, and lush grounds for future subdivision options.
