1-11/309 Riversdale Road Hawthorn East

A rare opportunity to enjoy the endless returns gained from ownership of a whole block of 11 newly built contemporary apartments, 13 car parks and 11 storage cages. A rewarding addition to any investment portfolio or super fund, these three 1-bedroom and eight 2-bedroom apartments and associated parking spaces offer outstanding leasing appeal in a prized location just moments from Camberwell Junction, The Well, Rivoli Cinemas, Fritsch Holzer Park, Swinburne University, Auburn station and trams to the city.

With the previous rental return of $311,220 per annum or $5,985 per week plus the generous depreciation allowances and further positive capital growth, this is an exceptional income generator especially in times of historically low interest rates.

Displaying a superb level of quality and designer flair, the newly finished apartments feature wide oak floors through generous living and dining spaces all appointed with gourmet kitchens featuring stone benches and Ilve appliances. The ground level apartments open to private gardens while the upper-level residence's enjoy access to private covered balconies. The accommodation ranges from 1-bedroom with 1-bathroom to 2-bedrooms with 1-bathroom and 2-bedrooms with 2-bathrooms. All include Euro-laundries, video intercom, R/C air-conditioning and secure basement car-spaces. Additional floorplans and rental information available upon request.

This is an opportunity not to be missed.

> Due Diligence Checklist