1-8 / 22 Selwood Street
Hawthorn East

Enjoying an elevated position within a prized tree-lined location, this superb late 1950s/early 1960s block of eight 1-bedroom apartments provides a host of rewarding investment, rebuilding or development opportunities (STCA). Comfortably presented for leasing now, a simple refurbishment would add to the capital investment and rental returns. Alternatively, the 719sqm site offering spectacular city views from a potential third storey is the ideal location for a luxurious new family home or boutique development unencumbered by any heritage overlay.

Many original quality features are displayed including parquetry timber floors, terrazzo bathroom floors and pedestal basins in addition to the solid pressed brick on concrete slab construction. Currently there are four ground level apartments all with a generous living room, separate capable kitchen, double bedroom with built in robe and a bathroom. All open to either front or rear shared gardens. The four upstairs apartments follow the same floorplan as the ground level residences while opening to balconies. There are also a communal laundry and 4 unallocated car-spaces.

Enviably situated close to Camberwell Junction, Riversdale and Burke Rd trams, Camberwell station, elite schools and Anderson Park, this is an exciting and exceedingly rare opportunity in such a desirable address.