FOUR MANSION STYLE APARTMENTS TO BE SOLD AS ONE
An outstanding opportunity to secure an entire Art Deco block of four spacious two-bedroom apartments (to be sold as one) in an unbeatable location. Includes four car spaces via right of way at the rear of the block. Held by the same family for over 60 years on an allotment of 431 square metres (approximately). Each apartment benefits from:
- Separate entrance
- Original timber flooring throughout with ornate period high ceilings
- Two spacious bedrooms
- Large living room (that could be used as an additional bedroom)
- Separate kitchen
- Attractive period stained glass windows
- Private balcony
This incomparable location is a comfortable wander to the thriving nightlife, cafe culture, bars and shopping of Carlisle, Acland and Fitzroy Streets as well as St Kilda's iconic Luna Park. In the other direction Balaclava and Chapel Street offer a fine dining experience and a more relaxed cafe and bar scene, plus plenty of trams nearby and city-bound trains from Balaclava Station. And, of course, the beach for walking, jogging and cycling paths along the foreshore are just a stroll away. Close to prestigious schools.
This solidly built block of units are all brick and bluestone with rendered walls. A little time and effort could easily modernise this block with a revamp to achieve maximum rental returns or a subdivision (S.T.C.A.) adding significant value for individual resale in the future. Or alternatively, you could renovate into a single home.
Zoning is GRZ1 with HO7.
EXPRESSIONS OF INTEREST CLOSE TUESDAY 5TH APRIL @ 4PM