SORRY PROEPRTY SOLD AT AUCTION $3,500,000 ~ ANOTHER ONE WANTED

22 High Street is situated within one of Melbourne's most desirable locations to live, work & play . Close to Punt & St Kilda Roads, Chapel, Greville & Fitzroy Street, Wesley College & Swinburne University.

* Excellent Investment or refurbish, redevelop, subdivide (STCA).

* Rental $112,275 *pa

* Land Area 488 m2*

* Two Street frontages

High St 16.26m

George St 30.00m

* Onsite parking

TERMS: 10% DEPOSIT, BALANCE 60/90 DAYS

Cornering George St on approx 489sqm, this three-storey group of 8 single bedroom apartments represents a singularly exciting opportunity to invest, improve or redevelop. Offering a total rental income of $112,275 pa, this rare whole group is set on one individual title with a versatile corner position (approx 16.26m x 30.02m) and wide views.

Well maintained and individually refurbished as required, each super-sized one bedroom unit offers entry via a separate hallway, a quality kitchen with meals area, bathroom with laundry facilities, generous robe-fitted bedroom and a big balconied lounge - many with wide treetop views.

Presented in readily rentable condition with scope for a cohesive refurbishment to enhance already excellent returns, the property also offers exceptional potential for re-development to capitalise on a high amenity location

FURTHER DETAILS PLEASE CONTACT

Matthew Iaco 0412 522 900, 9532 8845 matthew@matthewiaco.com.au

Agents in conjunction:
Grossw Waddell Pty Ltd 9654 8666
Michael Gross 0419 355 561 mgross@grosswaddell.com.au
Daniel Greenlees 0415 147 511 dgreenlees@grosswaddell.com.au