7 Elm Street

Hawthorn VIC 3122

Expressions Of Interest closing Wed 23rd June at 2pm unless sold before

A unique offering in exclusive Hawthorn West, 6 spacious 1 bedroom apartments on one title present the enterprising buyer with an exciting array of opportunities for future growth. Brimful of older-style space and personality, reveals the solid brick charm and character of its 1940's construction. 3 ground level and 3 upper storey apartments accompanied by 3 secure garages and additional OSP. Already a profitable success thanks to rental returns of $97,968 approx Gross P.A. on a fully let basis. An iconic position just metres from the Yarra banks, simply retain as is and enjoy a continued income stream. Alternatively there's endless scope to value-add and strata on-sell or perhaps those with a bit of creative vision (STCA). A rare and remarkable opportunity in Hawthorn's most prestigious pocket with Barkers Rd trams and Victoria Gardens shopping around the corner, Yarra walking trails and parklands within footsteps and a host of leading schools, boutique shopping precincts and the CBD only moments away. Each 1 bedroom apartment is generously sized with solid timber features, hardwood floors, high ceilings and terrazzo bathrooms.

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