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Hawthorn

8 4 4

1-4/3 Corsewall Close

"Devon" - Boutique Apartments With Potential

A rare opportunity to acquire a boutique block of four classically styled apartments c1938, set in established gardens and situated in the upper end of a quiet tree-lined cul-de-sac; in a convenient location close to Auburn Village and Glenferrie Road shops, restaurants or boutiques, Swinburne University and transport options. Offering an idyllic cosmopolitan lifestyle and exceptional investment potential. With the value underpinned by an outstanding location this boutique block will always have a demand for occupancy.

With an Art Deco façade the apartments feature space, warmth and charm in comfortable order throughout benefitting from a preferred northern rear aspect. They all have similar layouts and interiors typical of the era comprising entrance hall opening to a living/dining room, two bedrooms plus kitchen, bathroom/laundry or shared laundry; with the downstairs apartments having a sunny deck overlooking the shared garden and apartment 3 includes a balcony; plus off-street parking for four cars

This property presents a brilliant opening for investors or developers to enjoy the current yields from the apartments or alternatively following interior updating and renovations (STCA) purchasers should be well rewarded with increased yields in this secluded and sought after Hawthorn address.

Land size: 624sqm/6,717sqft approx

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Stuart Evans

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Duane Wolowiec

Director


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