Colliers International is pleased to present a once in a blue moon opportunity to acquire five townhouses in the one line. Situated in the heart of prime Carlton, on approximately 840m² of land, this offering presents an exceptional opportunity to passive and value-add purchasers a like.

Currently fully leased at approximately $153,830 p.a, all five townhouses, on separate titles, have three bedrooms and their own car parking and external courtyard facilities.

With local amenity such as Lygon Street, Brunswick Street, Universities, public transport and CBD all within a short walking distance, the current improvements are sure to continue with high occupancy rates. Alternatively, all of these locational features present great fundamentals for any new redevelopment.

Key selling features of this property:

- Five self contained 3 bedroom townhouses
- Current Income of $153,830 p.a (approx.)
- General Residential zoned site of 840m² (approx.)
- Two street frontages
- Suits passive and value-add purchasers
- Potential to refurbish/redevelop (STCA)

The property is for sale via Public Auction Thursday 19 March 2015 at 1pm on-site.

Colliers International highly recommend this outstanding investment for your consideration.

For further information please contact exclusive marketing agents Jeremy Gruzewski or Ben Baines of Colliers International.

This property is proudly featured in our National Auction Portfolio ( NAP )