514 Glenferrie Road
Hawthorn

Apartments 1-7 (to be sold as one)

On a significant Scotch Hill landholding of 1,072 square metres (approx), this classic c1940's block of 7 apartments represents an exceptional investment or new development opportunity (STCA).

In varying degrees of refurbishment, the highly sought after 3, 2 and 1 bedroom apartments are a lucrative addition to any investment portfolio while further refurbishment would maximize the rental return. Alternatively the sensational site in a proposed zone 4 hub holds enormous under capitalized potential for re-development of up to 4 storeys high offering uninterrupted panoramic city and surrounding views (STCA). All in very comfortable condition and some with modern kitchens and bathrooms, the generously proportioned apartments exude wonderful older style character and appeal in a desirable locale near shops, cafes and the Glenferrie Rd and Riversdale Rd trams.

Currently comprising two 3 bedroom, four 2 bedroom and one 1 bedroom apartments all with kitchens, living rooms and bathrooms.