Seize a rare investment opportunity with this exceptionally located block of eight apartments, perfectly positioned for a robust rental yield & long-term capital growth amassing a current gross rental return of $173,472 (approx..) per annum.
Set on a generous block just moments from the bustling High & Chapel Street precincts, this tri-level boutique block features eight well-presented apartments: comprising six two-bedroom & two one-bedroom layouts, all in excellent condition, complete with a spacious living & dining, laundry-equipped bathrooms & separate kitchens. Each apartment is allocated an off-street parking space (three of which are undercover).
Located just 5km to the CBD, Prahran is one of our city's most exciting lifestyle hubs, known for its bustling nightlife, thriving café culture, boutique shopping & green open spaces. Well-serviced by public transport, Prahran & nearby Windsor both offer city-bound trains, trams & buses.
Unlock the opportunity to establish yourself in a thriving rental market & reap the boundless returns available, with a host of future prospects to renovate or redevelop the spacious site (STCA).
