Conquest Estate Agency are delighted to be offering for sale this extremely well-presented whole block of units located in the heart of Glen Iris. The block consists of 14 strata titled one-bedroom apartments over 2 levels to be sold as a whole with 14 undercover carspaces.
The sizeable land area of 1,065 sqm* provides dual frontages to Edgar Street and the rear access lane, with 18.9m* frontages and 56.2m* on the Northern and Southern boundaries. With a healthy rental return, this is a rare opportunity suitable for:
- Passive investors looking for income security provided by multiple tenancies.
- Investor/Builders looking to renovate and hold or on sell separately.
- Developers looking to demolish in favour of a townhouse development (STCA).
Glen Iris offers a perfect balance of leafy suburban living with easy access to urban convenience, making 40 Edgar Street an extremely attractive opportunity.
40 Edgar Street, Glen Iris is for Sale via Public Auction Wednesday 20th November at 12:00 pm onsite.
Open for inspection Wed 20th November at 11:30 am - 12:00 pm, followed by the auction.
*approx