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37 Hope Street South Yarra VIC 3141

  • Development / Land
  • 464 m²
  • Commercial Auction

HOPE NO MORE!

    Aston Commercial are pleased to offer 37 Hope Street, South Yarra for sale by Auction on Thursday 6th May at 12noon on-site.

    Fully Leased Income of $214,000*
    17 Apartments Comprising 16 Studios & 1 x 1 Bedroom
    Land Area of 464sqm* with 15m* Frontage
    Development Potential
    Solid Income Today with a Big Future

    Positioned in the heart of South Yarras Domain Botanical precinct nestled between Fawkner Park and The Botanical Gardens is this 1970s classic three storey block of seventeen apartments. This is a unique opportunity to secure a significant land holding in one of Melbournes most tightly held exclusive locations with holding income and unprecedented upside.

    Over the journey of a propertys life, buildings depreciate and land appreciates! While 37 Hope Street provides good and solid income, the value of land and its potential for a new development could outweigh the investment value. Offerings in this location are rare. Add to this a frontage supportive of development and you have a once in a lifetime opportunity. The address is suited to high end residential. A luxury home, townhouses or apartments, the choice is yours.

    Aston Commercial highly recommends this premium property for your serious consideration.

    *approx.

    Auction date and time06/05/2021 12:00
    Auction location37 Hope Street, South Yarra VIC

    Property Highlights

    Property ID2016919029
    Floor Area464 m²
    Land Area464 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  9 Apr 2021
    Map for 37 Hope Street South Yarra VIC 3141
    Map for 37 Hope Street South Yarra VIC 314137 Hope Street South Yarra VIC 3141

    Property Highlights

    Property ID2016919029
    Floor Area464 m²
    Land Area464 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  9 Apr 2021
    Aston Commercial
    Level 1, 107-111 High Street Prahran VIC 3181

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