$2,876,000

14 Bed  •  7 Bath  •  5 Car

Main view of Homely block of units listing, 1-7/181 Hotham Street, Ripponlea VIC 3185
Floorplan of Homely block of units listing, 1-7/181 Hotham Street, Ripponlea VIC 3185
Second view of Homely block of units listing, 1-7/181 Hotham Street, Ripponlea VIC 3185
+9

Sold

1-7/181 Hotham Street, Ripponlea VIC 3185

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$2,876,000

  • 14
  • 7
  • 5

Block of Units Sold on Wed 26 Sep, 2018

What's around Hotham Street

Block of Units description

“Rare Ripponlea Entire-Block Opportunity”

This block of apartments, all on one title, presents a rare opportunity for the enterprising buyer seeking to retain as is for immediate returns, renovate then subdivide, or capitalise on the prized position and redevelop into a luxurious contemporary complex (S.T.C.A).
- All on one title, seven spacious 2-bedroom apartments
- Regular shaped parcel of land measuring 565sqm (approx.)
- Off street parking area to the rear of the property
- R.O.W laneway access enhances future development plans
- Current gross rental return of $113,484 per annum (approx.)
- In a popular location for renters and home owners alike
- Close to a range of elite primary and secondary schools
- Around the corner from Ripponlea Train Station
- Moments to the gorgeous Rippon Lea House and Gardens
- Steps to the cafes and gourmet cuisine of Ripponlea Village

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Third view of Homely block of units listing, 1-7/181 Hotham Street, Ripponlea VIC 3185View more
Fourth view of Homely block of units listing, 1-7/181 Hotham Street, Ripponlea VIC 3185View more

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1-7/181 Hotham Street, Ripponlea VIC 3185
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