On a substantial parcel of land in the highly regarded Central Park precinct, these 5 solid-brick apartments (to be sold as one) offer a wealth of possibilities for investors, renovators, or developers.
Currently generating a steady rental return, the property presents multiple pathways: retain as a secure investment or superannuation asset, refresh and renovate to modern standards, strata-title and sell individually, or explore the potential for an all-new development of luxury residences (STCA).
Surrounded by lifestyle advantages, the location is second to nonejust moments from Hedgeley Dene Gardens, Burke and Wattletree Road trams, vibrant cafes, boutiques, and excellent schools. Darling train station, Sacré Cur, Korowa Anglican Girls' School, Caulfield Grammar, and both Lloyd Street and St Mary's Primary Schools are all within easy reach.
Each of the two ground-floor and three upper-level apartments features:
Two spacious double bedrooms
A large kitchen/meals area
A generous living room
A tidy bathroom/laundry with separate WC
A covered car space
This is a rare chance to secure 5 well-presented, classic apartments with enormous scope for capital growth and a wide range of future possibilities in a tightly held blue-chip setting.
