Presenting an impressive investment proposition in a hugely desirable lifestyle location, this block of eight one-bedroom apartments offers sound rental returns for those looking to expand their portfolio, or exceptional developmental potential (STCA) for those with grander ambitions for the 585sqm (approx.) property.
Tucked away in a quiet residential nook just off St George's Road, in easy walking distance from trams, trains, and High Street’s eateries and cinemas, the position of the property guarantees perennial appeal for tenancy; with current returns totalling $135,000 per annum.
Set across two storeys, each of the eight apartments features an open central living area with kitchen, BIR bedroom, bathroom, split-system heating/cooling and off-street parking space on title. The building features a communal laundry and storage room.
The apartments are beautifully situated for easy local living. It's just a short stroll to High Street, Westgarth Cinemas, trams (11, 86), Merri Station, the Merri Creek Trail and parklands. And it's an easy walk or quick tram ride down to Fitzroy North Village and Edinburgh Gardens.
We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
