A strategic stake in a great setting
PERMIT POTENTIAL
Investing in Carlton, from a range of perspectives, has rarely looked as rewarding as in the case of these two entirely independent, self-contained residences, to be sold as one, in a premium position between Lygon Street cafes and the university campus.
On two Titles, the dual level, four bedroom design of Number 5 and the single level, three bedroom spaces of 5A currently return a combined annual rental income of $72, 480, a figure that reflects the complete convenience of the location in a cul-de-sac court accompanied by a carport and ample off street parking.
Scope for renovating, re-developing the site and pursuing townhouse or student accommodation plans, STCA, or simply retaining the property as a strategic, productive landbank are amongst the options that complement this compelling inner city opportunity, further enhanced by frontage to two classical Carlton bluestone lanes.
Expressions of Interest Closing Tuesday 26 April at 5.00pm
Find out more: Click on the MESSAGE AGENT button above, or when calling the nominated Agents remember to mention you found this property on DevelopmentReady
