1-10 9 Frogmore Road, Carnegie VIC 3163

To be sold as one, this fully tenanted block of ten one-bedroom apartments with separate titles comprises three fully renovated & seven refurbished apartments. The coveted corner-sited allotment of 832m2 (Approximate Title Dimensions) & rental return of $144,300pa presents an exceptional opportunity for investors & developers alike. Retain the apartments as is, refurbish further, explore the possibility of adding value by adding more units or redevelop into a brand-new boutique block (STCA). Each light filled apartment features a generous-sized living/dining room, neat kitchen and ensuite bathroom. Fully renovated apartments are fitted with dishwashers, laundry taps & reverse-cycle air conditioners while the five ground-floor apartments boast large courtyards. Further highlights include ten parking bays & communal bike racks, veggie garden, separate water meters, front gardens & laundry facilities. This unique complex is quietly located in a tree lined street close to trains & bus transport, Chadstone Shopping Centre & Monash University.