1-6/46 Gourlay Street, Balaclava VIC 3183

Exceptionally rare opportunity to secure an entire boutique block of six two-bedroom apartments in an unbeatable blue-chip location. Owned for decades by the same family, this solid brick building is in excellent condition & presents an unrivalled investment with instant returns. Highly attractive to tenants for its sought-after position on a quiet street near a park, yet right in the heart of flourishing Balaclava & Ripponlea with many trendy shops & cafés, two train stations & trams in close proximity. The six apartments have had various levels of upgrades. Each one is in fabulous condition while also having incredible scope to further renew & add value (STCA). Apartments offer similar configurations with entries into spacious & inviting living rooms boasting large windows. Leading off the central hallways are good-sized separate kitchens & bathrooms with laundry provisions. The two bedrooms in each apartment feature generous built-in robes offering plenty of storage. Off-street parking for six cars. Don’t miss this amazing & rare opportunity to attain a rock-solid investment in an unsurpassed location.