$3,000,000

12 Bed • 6 Bath • 6 Car • 512m²

Main view of Homely block of units listing, 42 Connell Street, Hawthorn VIC 3122

Floorplan of Homely block of units listing, 42 Connell Street, Hawthorn VIC 3122

Second view of Homely block of units listing, 42 Connell Street, Hawthorn VIC 3122

+14

Sold

Third view of Homely block of units listing, 42 Connell Street, Hawthorn VIC 3122

Fourth view of Homely block of units listing, 42 Connell Street, Hawthorn VIC 3122

+12

Sold

42 Connell Street, Hawthorn VIC 3122

Copy address

$3,000,000

12Bed
6Bath
6 Car
512m²

Block of Units Sold on Thu 12 Dec, 2024

What's around Connell Street

Block of Units description

“Six Apartments, Offered as One Unique Package, One Blue Chip Proposition”

Expressions of Interest Closing Thursday 12th December at 5pm

To be sold as one lot, this retro brick building on 512sqm approx. is home to six 2-bedroom strata titled apartments with parking and some with balconies. Nestled in this leafy tree lined street, this rare investment and/or development opportunity gives you the flexibility to continue the leases of five current tenants plus live in/let out the updated apartment (rental potential in excess of $120,000 per annum), sell each apartment individually, or build a new multi-unit development, or even your dream home (Subject to Council Approval).
In this prized location surrounded by gorgeous period homes and designer architecture, this unique proposition is an excellent long-term investment, metres to two tram lines (Church Street and Burwood Road), St James Park, Grace Park, Hawthorn Station, the aquatic centre and Swinburne University with vibrant food scenes nearby.

• 6 x 2 bedroom strata titled apartments on 512sqm approx.
• To be sold as one lot
• 5 current leases to long term tenants
• One refreshed apartment available for immediate rental, live in or re-sale
• Ample on-site parking
• So much flexibility for its future