Chris Kavadis
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Australia | Brunswick West
1-6/5 Passfield Street, Brunswick West, Vic 3055
Invest, Subdivide, or Redevelop (STCA). Inspection By Appointment Only
Delivering astounding possibilities for the astute investor or developer, this mid-century complex of six apartments is a rare yet auspicious find. Held on one title spanning 376 sqm (approx.), the site yields an $81,000 rental income, promising a great investment to subdivide, flip, hold, redevelop, or build a luxury new home (STCA).
Capturing verdant views facing the sprawling Hudson Reserve, this site is bolstered by outstanding amenities, situated within an easy stroll to the Moonee Ponds Creek Trail, city-bound trams, Union Square shopping, and the Moonee Valley Racecourse, while minutes from Brunswick Secondary College and RMIT.
With car parking on site, the apartments offer the larger proportions of yesteryear’s solid-brick construction, delivering bright living rooms for easy relaxation and dining, enriched by large retro-styled kitchens, plus spacious, robed bedrooms with ensuite bathrooms.
An easy investment to hold for future years as is, or to renovate to maximise gains, the homes promise exciting future possibilities.
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