1-8/29 Mernda Avenue, Carnegie VIC 3163

Perfectly located in a high growth location this boutique building of 8 spacious apartments presents the ideal opportunity for astute investors or developers in search of their next venture. With an immediate cash flow of approximately $108,000p.a and situated on a strategic corner allotment of 704sqm* (*approximate title dimensions). This immaculate building comprises two x 2 bedroom apartments, six x 1 bedroom apartments and off street undercover parking. Unbeatably located within moments of bustling Glenhuntly Road, Koornang Road and perfectly serviced by tram and train.