Set in a peaceful, tree lined street just moments from the Bay Run and light rail, this offering combines established income with a clear path to growth.
The front building is configured as three well presented, income producing homes, delivering cash flow from day one. Behind it lies a development ready parcel with direct lane access via Grove Lane, a rare opportunity to add a high quality new dwelling STCA while retaining the existing earnings.
- Three distinct Apartments generating immediate income
- Total land holding approximately 457m²
- Rear parcel prepared for development
- Direct lane access and services in place
- Quiet lifestyle setting moments from parks, cafes and transport