1-12/62 Hotham Street, St Kilda East VIC 3183

A massive investment opportunity exists to enjoy endless blue-chip returns on an iconic solid brick period block of twelve generously proportioned residences, ideally positioned in a prime St Kilda East locale. Standing proudly on a massive 1,263m2* allotment it presents a once in a lifetime opportunity for the seasoned investor, renovator or developer to explore an array of future prospects for capital growth, in a location constantly in demand for its lifestyle appeal & investment potential. With a large established front garden & the added bonus of a spectacular massive communal rooftop terrace boasting breathtaking panoramic city & bay views as well as twelve apartments over three levels, all with house like proportions, an abundance of natural light & leafy outlooks. With flexible flowing floorplans each apartment features timber flooring throughout, a large kitchen with meals area, spacious living/dining spaces with balcony access, two and three bedrooms & a central bathroom with separate toilet. Also featuring a communal laundry & storage on rooftop, 27 bedrooms, four lock up garages & off street parking for several cars. Brilliantly located for a lifestyle of convenience close to public transport & just a short walk to Alma Park, Carlisle Street & well known schools. *Approximate Title Dimensions.