Endless Opportunities to Rent, Re-imagine, or Redevelop
A versatile prospect like no other, this mid-century classic delivers boundless opportunities to enjoy immediate rental returns, renovate, re-develop or create a new home site (STCA).
Situated on a regular shaped allotment of approximately 836sqm with a generous 18.3m (approx.) frontage and preferred westerly rear orientation, these four (4) individually strata-titled apartments offer the ultimate balance of lifestyle and convenience. Well positioned within walking distance to High Street restaurants, shops and cafes, public transport (tram and bus), renowned schools, Hays Paddock and the Eastern Freeway.
Newly refreshed for immediate comfort, each individual apartment comprises light-filled and spacious living/dining areas extending to a sunny balcony, kitchen, two newly carpeted bedrooms with built-in-robes, bathroom with separate toilet and car space on title. The complex anticipates a baseline income of $87,600 - $93,840 per annum, while offering scope to grow the investment through future renovation.
With northern horizons and tree canopy vistas from the top level and a sun-drenched westerly rear aspect, this versatile opportunity presents the next owner with endless opportunities. Enjoy immediate rental returns or transform to a luxurious new home or a larger townhouse or apartment development (STCA).
Excellent renovation and development potential
Currently four (4) individually strata-titled 2 bedroom, 1 bathroom, 1 car space apartments available for immediate rental
Neighbourhood Residential Zone 3 (NRZ3)
Tram and Bus stops at both ends of Clyde Street providing city-bound transport
