Issue 35 | The Property Development Review

Property Listings – VIC

For Sale

Substantial Investment with Major Upside Next to Swinburne University 37 Elphin Grove, Hawthorn

Key Highlights: • Combined rental of $272,000* pa (fully leased) • Comprising of twenty (20) studio apartments and eight (8) one (1) bedroom apartments • Major value-add potential • 200m* to Swinburne University • 550m* to Glenferrie Road shops • Situated in one of Hawthorn’s most prized pockets • Walking distance to Glenferrie & Auburn Train Station

Real Properties is pleased to offer for sale 37 Elphin Grove, Hawthorn, this impressive investment provides a unique opportunity to own an entire block of 28 apartments on 638m 2* of land in the heart of Hawthorn. Only minutes walk to Swinburne University, Glenferrie Road shops, Burwood Road shops and both Glenferrie and Auburn Train Station. 37 Elphin Grove sits in a perfect position whilst generating significant holding income.

EOI Closing Thursday 25 th August at 5pm

Lucas Gentile 0418 516 056 lgentile@realproperties.com.au

Joe Catanese 0418 367 514 jcatanese@realproperties.com.au

View Listing

58 – August / September 2022

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