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Rare opportunity for developers and investors to acquire this exceptionally located apartment block site with excellent holding income. The property is to be sold by public auction on Friday 10th August at 12 noon on-site. Key attributes of the site include: *Land Area: 1,000 sqm approx.
*Three street frontages to Mayston Street (21m), Eastern R.O.W. (50m) and Auburn Parade (20m)
*Nine (9) apartments (5 x 1 brm, 4 x 2 brm)
*Current Income: $142,044 pa The property is located metres from Burke Road and surrounded by lifestyle amenity, including national tenants, supermarkets, The Well Shopping Centre and Rivoli Cinemas. It is walking distance to Camberwell Train Station and Burke Road tram lines.
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