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Real Properties - MELBOURNE

37 Elphin Grove Hawthorn, VIC 3122

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37 Elphin Grove,
Hawthorn, VIC 3122

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Real Properties - MELBOURNE
Joe Catanese

Real Properties - MELBOURNE

Ground Floor, 4/134 Logis Boulevard
DANDENONG SOUTH, VIC 3175
04183675...
Real Properties - MELBOURNE
37 Elphin Grove
Hawthorn, VIC 3122

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MORTGAGEE IN POSSESSION, PURCHASE PRICE $4.5 MILLION!

- Twenty-Seven Studios & One One Bedroom Apartment in One-Line
- Current income of $269k* per annum
- Potential income of $292k* per annum fully leased

Real Properties are pleased to offer 37 Elphin Grove, Hawthorn, For Sale by Immediate Private Sale.

NOW UNDER MORTGAGEE POSSESSION! MUST BE SOLD!

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-seven (27) studio apartments and one (1) one (1) bedroom apartment.
- 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.

*approx

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Property ID: 504247380Last Updated: 8 Aug 2023

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Real Properties - MELBOURNE
Ground Floor, 4/134 Logis Boulevard
DANDENONG SOUTH, VIC 3175

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