This secure investment provides a smart opportunity to take ownership of an entire block of 28 apartments on 638m2* of land in the midst of Hawthorn.

Located only a short distance to Swinburne University, Glenferrie Road shops, Burwood Road shops and both Glenferrie and Auburn Train Station, 37 Elphin Grove sits in a thriving position whilst also returning a significant annual return.

Key Investment Highlights:

- Current income of $269,652* per annum
- Potential income of $292,596* per annum (fully leased)
- Twenty (20) studio apartments and eight (8) one (1) bedroom apartments
- Huge renovation potential
- 200m* to Swinburne University
- 550m* to Glenferrie Road shops
- Situated in one of Hawthorn's most prized pockets
- Walking distance to Glenferrie & Auburn Train Station

FOR SALE BY IMMEDIATE PRIVATE SALE.

To make an offer on the property, please contact the exclusively listed agents.

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