43-47 Rowena Parade

Richmond VIC 3121

Expressions of Interest Closing Tuesday 28th February at 4pm

Offered as a single property, representing an exceptional investment in a Richmond Hill setting that guarantees great ongoing returns, this block of ten studio apartments (with Planning Permit) is an opportunity that's as rare as it is rewarding. Elevated, enhanced by attractive proximity to Bridge Road, Yarra Park, Swan Street and Richmond station, the building's dual levels accommodate the ten original floorplans, each entirely livable, all providing generous studio style proportions accompanied by open plan kitchens and ensuite bathrooms. Easy scope for updating if so desired, suggests straightforward options for value adding to such a great investment and maximizing potential for income growth over time. Alternatively, a Planning Permit allows for high end apartments by way of renovation and expansion. North facing rear aspects complement the address that concludes with the additional asset of off-street parking for 5 cars, a major positive in such a central inner-city context.