1 View Street

Hawthorn VIC 3122

A rare and unique real estate event, lovely Alder Court is a once-in-a-lifetime opportunity to acquire a boutique block of 4 individually titled apartments in a prized Hawthorn location. Proudly presiding over a leafy corner a short stroll to Auburn Village, this timeless 1930's beauty showcases the character, style and proportions that make the Art Deco period such a highly-prized architectural era. Already a commercial success generating an income stream of approx. $90,000 p.a, these supremely comfortable 2 bedroom apartments all on their own titles are offered as one presenting the seasoned investor with an endless array of prospects to enjoy blue-chip returns, further up-style and re-sell or hold for a future personal or superfund scenario. 2 ground level apartments and 2 upstairs, all secure beyond intercom entry each comprise towering ceilings and generous dimensions throughout broad hallway, lovely lounge, 2 double bedrooms, spacious neat kitchen/meals area, good-sized bathroom/laundry and secure garage. A one-off opportunity amidst leading Melbourne schools and convenient to Swinburne Uni, Glenferrie shopping, trams, trains and Central Gardens (Rocket Park).