1-8/107 Westbury Street, Balaclava VIC 3183

An investment opportunity of this calibre is a true rarity - an entire boutique Art Deco block of eight beautifully renovated residences, each on its own title, to be sold as one! Perfectly positioned in the vibrant heart of Balaclava, just moments from the buzz of Carlisle Street, this immaculately maintained solid brick block presents the ultimate opportunity for the savvy investor seeking reliable returns & long term capital growth. Comprising four spacious two-bedroom apartments & four one-bedroom apartments, all superbly updated. This is a ready-made portfolio delivering immediate income with exceptional scope to hold, on sell individually or explore an array of future prospects for capital growth (STCA). Each light-filled two-bedroom residence showcases polished timber floors, a generous living & dining room, a modern kitchen with stainless steel appliances (including dishwasher) & laundry facilities, two well-proportioned bedrooms (some with built-in robes) & a stylishly updated bathroom. The ground floor apartments enjoy private courtyards, while the upstairs apartment features a balcony terrace. The one-bedroom apartments are equally impressive, offering open plan living & dining served by modern kitchen as well as a spacious bedroom with built-in robes & updated ensuite. Additional features include split system heating/cooling in every apartment, secure intercom entry, communal laundry facilities & off-street parking behind automated front gates. Superbly positioned in an in-demand lifestyle location close to Carlisle Streets shops, restaurants, cafes & supermarkets, Balaclava Station, trams & with St Kilda Beach, Chapel Street & Alma Park within easy reach.