1-9/1 Rae Court, Prahran VIC 3181

Offering immediate rental returns & endless future possibilities, this block of nine solid & spacious apartments, nestled in a quiet cul-de-sac in the heart of Prahran, is an investment opportunity not to be missed. Investors/developers looking to secure property in this high growth location on a substantial 722m2* block of prime land & with scope for further refurbishment, to hold, on sell individually or explore future development options (STCA) – the choice is yours. All nine currently tenanted light filled apartments are generously proportioned, neatly presented & feature similar floorplans of varying good condition. Each apartment delivers a large living/dining room, sun-drenched balcony, functional spacious kitchen, two good sized bedrooms with built-in robes & a central bathroom with shower, bath, laundry facilities & separate toilet. The block also includes secure intercom entry & off-street parking. This rock solid investment opportunity is ideally situated in a vibrant lifestyle location with trams at the end of the street, easy access to Chapel Street, High Street cafes, Hawksburn Village & Victoria Gardens ensuring strong lifestyle appeal & consistent rental demand. *Approximate Title Dimensions.