1-3 Molesworth Street
Hawthorn East

Offered for the first time in more than 60 years, this c1938 clinker brick block of four large (81sqm approx.) Art Deco inspired apartments represents a rare opportunity to acquire a blue-chip investment in a first class location. Each individually titled apartment comprises: entrance hall, spacious living room with OFP and balcony, two double bedrooms, kitchen, bathroom and on-title car park. Occupying a valuable 744sqm (approx.) allotment on the high side of a quiet cul-de-sac and enjoying the preferred northerly rear orientation, the property is within easy walking distance of Auburn railway station, Auburn Village shops, Swinburne University and bustling Glenferrie Road. In well maintained condition throughout , the property currently returns $82,380 per annum and offers tremendous potential to improve and enhance the investment return.