This property is a house located on a lot in 1/SP36802 South Yarra VIC. Built in 1935, featuring 6 bedrooms, 2 bathrooms.
Unique Prospect offering Endless Scope and Investment Potential A genuinely unique proposition offering flexibility and sound investment for now and the future, this classically appealing Art Deco duplex offers an array of tantalising options with both apartments boasting separate titles. Designed by award winning LS architects ,In a prime locale, reap the rewards of an immediate return with each apartment currently leased on a monthly tenancy (returning approx $52,404). Grand scale redevelopment is an exciting prospect with approved plans and an approved planning certificate issued to build two luxury apartments with a six car basement car park. Furthermore, the property could be converted into one substantial family home (STCA). Striking the perfect balance between old-world charm and practicality, each apartment displays a remarkable sense of space, a generous courtyard, endearing period features such as an open fire place, high ceilings with decorative detail alongside many modern comforts. The well zoned interiors feature an inviting lounge room, separate kitchen, three bedrooms and a central bathroom. Conveniently located to South Yarra Primary, Christchurch Grammar, Melbourne Grammar, Wesley College, Glamorgan, Melbourne Girls Grammar, Toorak Road shops and cafes, Fawkner Park, South Yarra Station and trams, this once in a lifetime opportunity is not one to miss.