$2,800,000 - $3,000,000
House
In a street celebrated for its architectural beauty & without heritage overlay, this rare landholding of four two-bedroom apartments presents a future filled with choice. Comfortable, income-producing and surrounded by standout homes, it invites you to decide what your next ‘view’ looks like.
Set on generous grounds of approximately 730 square metres with a north-facing garden, the site is perfectly placed for a premium new family residence or a pair of luxury townhouses, subject to council approval. City views from a potential second storey only strengthen the proposition. The property borders the Harcourt Estate, giving it an enviable level of prestige that supports any grand ambition.
For now, the block performs. Current rental return of around $88,000 per annum (approx.) means you can hold comfortably while your plans evolve. Each of the four apartments offers two bedrooms, one bathroom and its own carport, with the flexibility to renovate, retain as a portfolio asset or continue to let out as you prepare for the next phase.
The location heightens every advantage. Zoned for Auburn Primary School and Auburn High School, it is close to Swinburne University, trams, Glenferrie and Auburn Stations, Glenferrie Road dining and shopping, Lido Cinemas and Central Gardens. Kellett Reserve Playground is within easy reach too, along with a selection of elite private schools.
Whether you hold the strong investment or reimagine the allotment with a landmark home, this is a rare chance to secure a blue-chip locale with genuine development potential.
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