37 Elphin Grove,
Hawthorn, VIC 3122
Development Sites & Land
Key property information
Land area
Floor area
Tenure type
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Real Properties - MELBOURNE
Ground Floor, 4/134 Logis BoulevardDANDENONG SOUTH, VIC 3175
04183675...
37 Elphin Grove
Hawthorn, VIC 3122
Map of 37 Elphin Grove
MORTGAGEE IN POSSESSION, PURCHASE PRICE $4.5 MILLION!
- Twenty-Seven Studios & One One Bedroom Apartment in One-Line
- Current income of $269k* per annum
- Potential income of $292k* per annum fully leased
Real Properties are pleased to offer 37 Elphin Grove, Hawthorn, For Sale by Immediate Private Sale.
NOW UNDER MORTGAGEE POSSESSION! MUST BE SOLD!
This secure investment provides a smart opportunity to take ownership of an entire block of 28 apartments on 638m2* of land in the midst of Hawthorn.
Located only a short distance to Swinburne University, Glenferrie Road shops, Burwood Road shops and both Glenferrie and Auburn Train Station, 37 Elphin Grove sits in a thriving position whilst also returning a significant annual return.
Key Investment Highlights:
- Current income of $269,652* per annum
- Potential income of $292,596* per annum (fully leased)
- Twenty-seven (27) studio apartments and one (1) one (1) bedroom apartment.
- Huge renovation 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
FOR SALE BY IMMEDIATE PRIVATE SALE.
To make an offer on the property, please contact the exclusively listed agents.
*approx
- Current income of $269k* per annum
- Potential income of $292k* per annum fully leased
Real Properties are pleased to offer 37 Elphin Grove, Hawthorn, For Sale by Immediate Private Sale.
NOW UNDER MORTGAGEE POSSESSION! MUST BE SOLD!
This secure investment provides a smart opportunity to take ownership of an entire block of 28 apartments on 638m2* of land in the midst of Hawthorn.
Located only a short distance to Swinburne University, Glenferrie Road shops, Burwood Road shops and both Glenferrie and Auburn Train Station, 37 Elphin Grove sits in a thriving position whilst also returning a significant annual return.
Key Investment Highlights:
- Current income of $269,652* per annum
- Potential income of $292,596* per annum (fully leased)
- Twenty-seven (27) studio apartments and one (1) one (1) bedroom apartment.
- Huge renovation 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
FOR SALE BY IMMEDIATE PRIVATE SALE.
To make an offer on the property, please contact the exclusively listed agents.
*approx
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Hawthorn, 3122 demographic data
The median household income for Hawthorn is $2,145, 13% higher than Greater Melbourne's household income of $1,901. Hawthorn has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 47% of property owners in Hawthorn have a mortgage.
22,322
Population
$2,145 per week
Median household income
34 years
Median age
Owners
Most residents
Families
Most households
Real Properties - MELBOURNEGround Floor, 4/134 Logis Boulevard
DANDENONG SOUTH, VIC 3175
DANDENONG SOUTH, VIC 3175