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37 Elphin Grove, Hawthorn, Vic 3122

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Whole Block Of 28 Studio Apartments In Hawthorn

Fitzroys is pleased to offer for sale at Public Auction a Whole Three (3) Level Apartment Building in a Prime Hawthorn Location.

- Comprising 28 studio apartments plus on site parking 
- Substantial parcel of land of 640sqm approx.
- Two street frontages
- Overlooking adjoining parkland
- Within quiet, tree lined residential street
- Currently returning a combined rental of $263,000 pa approx. (Fully Leased)
- Subject to short term monthly tenancies
- Potential to sub-divide or redevelop (STCA)
- Zoning: General Residential Zone 3 (GRZ3). 
- Situated only 500 metres approx. to Glenferrie Road's popular retail and hospitality precinct 
- Convenient access to all modes of public transport, private and public schools and Swinburne University 
- Within walking distance to Glenferrie Railway Station and Auburn Railway Station
- Terms: 10% deposit, balance 60 days

FOR SALE BY PUBLIC AUCTION ON THURSDAY 25th MAY AT 1PM ON SITE

Remember to mention you found this property on Developmentready.com.au