Block of 8 apartments to be sold as one
A rare & remarkable opportunity exists to acquire an entire block of eight apartments on separate titles being offered as one on a generous 750m2* corner block in a prime Glen Huntly location. With a north facing entrance to the block on Wattle Avenue & lushly landscaped tropical garden surrounds, this is an opportunity not to be missed. A wonderful investment to hold with the options to renovate & enhance each apartment overtime & immediately bring in an income from seven currently tenanted apartments with leases running until August 2022 & the option to on sell individually subject to existing tenancies – the options are exciting! Featuring six two-bedroom apartments & two one-bedroom apartments with three different floorplans between them & all of varying condition. Each apartment features an entrance hall, a good-sized living room with balcony, functional kitchen with gas cooking, generous bedroom/s with built-in robes, central bathroom with laundry facilities, separate toilet & covered parking. Don’t miss this unique opportunity to make your mark in this vibrant locale enjoying close proximity to Glen Huntly Road’s & North Road Ormond with a choice of shops, cafes, restaurants & transport options. *Approximate Title Dimensions.
Glen Huntly suburb statistics
Houses*
Median sale price
$1,670,000
Quarterly price change
-5.09%
Units*
Median sale price
$666,000
Quarterly price change
2.40%
Sales insights
Auction clearance rate*
85%
Median days on market∧
25 days
Total sold properties*
43
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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