A Rare Investment Opportunity with Immediate Returns & Exceptional Future Potential

Presenting an outstanding investment opportunity offering immediate rental income, established tenancies and exciting potential to maximise future returns. Positioned on a generous 607sqm allotment with LMR2 zoning, this is an opportunity to secure a substantial income producing asset today while exploring the potential to enhance, improve or redevelop the site in the future (subject to council approval). The property comprises four individual residences, including three well-appointed two-bedroom apartments, each offering one bathroom and secure parking, complemented by a unique tri-level studio-style residence positioned at the rear of the complex. Adding another point of distinction, the rear residence enjoys sweeping city views from its private rooftop deck. Whether you're seeking a strong performing investment with established rental income, looking to add value through future renovations and improvements, or considering the longer term possibilities offered by the LMR2 zoning, this versatile property presents a range of opportunities. Alternatively, the substantial allotment may appeal to those looking to explore the possibility of creating a standalone residence in the future. Surrounded by quality homes on the prestigious Hawthorne border and proudly positioned on the…