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Nestled in amongst this thriving mixed-use pocket of Hawthorn East, the subject properties benefit from being within close proximity to all that this desirable and sought-after pocket of Hawthorn East has to offer. Expressions of Interest close Wednesday 4th November 2021 at 3pm Four (4) freehold titles comprising 3 x 2 bdrm & 1 x 1 bdrm Victorian terraces * 1 Council Street: 2 bedroom, kitchen & bathroom ($1,820 pcm)
* 3 Council Street: 1 bedroom, kitchen & bathroom ($1,700 pcm)
* 5 Council Street: 2 bedroom, kitchen & bathroom (vacant)
* 7 Council Street: 2 bedroom, kitchen & bathroom ($1,720 pcm) * Acquire the whole site and develop, 'value add' or renovate (STCA)
* Opportunity to occupy individually or purchase as investments with steady income streams and 'value add' over time
* Develop this corner site with frontages to Council Street (20m) and Risson Lane (19m)
* Potentially fully let income: $83,000 pa
* Total combined land area of 426 sqm approx. suitable for mixed-use development (STCA)
* Commercial 1 zoning
* Highly affluent suburb with a median house price of $2,252,000 The location's lifestyle amenity is arguably unrivalled with Camberwell Junction and multiple shopping destinations within walking distance such as Burke Road's retail shopping strip, The Well Shopping Centre, Rivoli Cinema whilst having easy access to Fritsch Holzer Reserve.
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