Enter from Fraser Street.Tucked peacefully away at the end of a quiet cul-de-sac, is this opportunity to purchase the whole block of eight apartments on one title. On approx. 635sqm with a wide 20m frontage approx, the choice is yours: a great "set and forget" investment or a creative re-development STCA.Having been in the family for generations (approx. 80 years) Merimbula is a fine Art Deco building with beautifully crafted brick work containing eight well maintained two bedroom apartments with a vast and sunny communal yard. Each apartment offers; Ornate geometric ceilings & rendered walls, original joinery including doors, cabinetry & picture rails.Entrance hallways, separate gas kitchen with rear door and generous lounge roomsBright bathroom with bathtub and laundry facility.Nestled discreetly in a blue chip tree-lined pocket with vibrant lifestyle just moments away – Stroll to Jacoby Reserve and grab a coffee at Cowderoy's Dairy, Albert Park Lake as well as the foreshore and all it has to offer. Also close to Armstrong St, Fitzroy Street plus several public transport options. Inspect during scheduled open times or by appointment with the agent.Presented by Cayzer Real Estate Albert Park.All enquiries must include a phone number.
