A rare investment opportunity, endless returns!
A rare opportunity to secure a block of five residences on a substantial 747m2* allotment in a prized Caulfield North location, this exceptional investment offers immediate income & exciting future rewards (STCA). Offered for sale as one, the property comprises a generously proportioned townhouse at the front & four spacious apartments at the rear. The impressive townhouse enjoys its own private street frontage & undercover parking for two cars, while its expansive two level floorplan delivers house sized proportions. The ground floor features a series of interconnected living zones, including a substantial formal lounge & dining room, separate living room & well appointed kitchen with a meals area. A privately enclosed, northerly oriented front courtyard extends the living outdoors, ideal for alfresco relaxing & entertaining. Upstairs, the accommodation includes a spacious main bedroom with walk-in robe & ensuite, three additional bedrooms with built-in robes & a central bathroom. Privately positioned at the rear, four apartments, two on the ground floor & two above, add significant value to the investment. Comfortable, well maintained & readily rentable, each apartment also presents scope to further renovate & add value over time. Each well proportioned apartment comprises a spacious living & dining room with split system heating/cooling, neatly appointed kitchen with meals area, two good sized bedrooms with built-in robes, a central bathroom with bath, shower, laundry facilities & a separate toilet as well as hallway storage, secure intercom entry & off street parking. Ideally located in a highly desired & convenient Caulfield North location, close to the magnificent Caulfield Park, elite schools, Malvern Central, Glenferrie Road shops, cafes & restaurants & a choice of transport options.. *Approximate Title Dimensions.