Presenting an outstanding opportunity for investors, developers and land bankers, this substantial 1,530sqm (approx.) landholding offers exceptional potential in a blue-chip location. Comprising five solid brick, double-storey townhouses, all separately titled and with no Heritage Overlay, the property presents a compelling opportunity to demolish and rebuild or pursue a boutique redevelopment (STCA).
Currently all leased and generating rental income, each three-bedroom residence features generous living areas, private courtyards and double garages, providing immediate income while offering significant scope to unlock future value. Whether held as a long-term investment, land banked or reimagined to capitalise on the scale of the land, the possibilities are considerable.
Positioned within walking distance of Glenferrie Road's vibrant retail and dining precinct, Glenferrie Station, tram services and leading schools, this is a rare opportunity to secure a substantial landholding with outstanding flexibility and future potential. Flexible settlement terms of up to six months further enhance this compelling proposition.
