27 Units only minutes from the CBD – 5172 m2 site
A very rare opportunity to acquire a once in a lifetime investment property with huge potential. Ideal to subdivide, renovate, lease as Holiday apartments, lease to permanent tenants, student accomodation, workers accomodation, or backpackers facility and further units could be built on the vacant land. The property has been built to a high commercial standard, and of very solid construction.
One of the key investment features is its central West Side location and close proximity to Hospitals, Monash Medical School, TAFE and Latrobe University, the CBD, the Wave Pool and many other facilities.
Executive Summary
16 x 1 bedroom units,11 x 2 bedroom units,4 x communal laundries
Separate Electrical Control rooms and full Fire Service of Hydrants and Hose reels on site.