Offered for the first time in over 30 years, this magnificent apartment building (on separate titles) is nothing short of pure investment gold. To be sold as one, it offers a rare once-in-a lifetime opportunity to transform 15 one bedroom apartments - ground floor with courtyards, 12 car spaces on title & a communal laundry on site into a lucrative business venture with strong returns on investment. Furthering the outstanding potential, it’s ideally placed to capitalise on the bourgeoning short-stays b & b holiday market due to the stunning location. Live as is & reap rewarding rents, or for minimal effort make your mark renovating or redeveloping (STCA) to the highest standards on a highly-sought-after allotment totalling 655m2*. The endless potential for the astute investor is clear, perfectly located close to transport, the famous Astor Cinema, Chapel street’s renown café’s, hip nightlife & boutique shops. Nestled on the cusp of St Kilda & Windsor, it’s minutes to either the CBD or beach & also conveniently located close to parks & schools. Don’t miss this unique opportunity to acquire a rare property in this high yield & rapid capital growth location. *Approximate Title Dimensions.
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