Magnificently situated within a prime 1530sqm (approx.) allotment, these five solid brick mid-century residenceseach on its own separate titlerepresent an exceedingly rare opportunity as a rewarding addition to any investment portfolio, as a landbank, or to redevelop as luxury boutique residences (STCA). While providing immediate rental income, there are options to increase both capital value and rental returns with a simple refurbishment.
Each two- or three-bedroom double-storey residence is enhanced by classic mid-century architectural style. Generous living rooms open to private north-facing courtyards, while well-equipped kitchens and dining areas flow seamlessly to a second courtyard with access to a double garage. Upstairs, there are two or three bedrooms, with the main featuring a dual-access bathroom/ensuite. Additional features include RC/air-conditioning, a powder room, and a separate laundry.
Perfectly positioned within easy walking distance to Glenferrie Road shops and restaurants, Glenferrie Station, trams, and leading schools, this is a once-in-a-generation opportunity in a blue-chip location.