TWO TITLES || WATERFRONT LOCATION || PROPOSED HIGH RISE PLANS FOR 32 LUXURY APARTMENTS

An outstanding opportunity presents to buy two properties together as a whole with proposed plans to build 32 apartments s.t.c.c on a combined land holding of 1022sqm (15.24m x 67.06m) zoned Residential High Density Zone Urban Glenelg Policy Area 15. Showcasing water plus marina views and situated within walking distance to the beach and Glenelg’s iconic marina precinct, invest now and reap the rewards!

Both properties are in excellent/good condition and have a rental potential of over $1000 per week offsetting your holding costs whilst you await approvals.

property #1 Specifications

Council / City of Holdfast Bay
Zoning / RHD’15’3
Built / 1930
Council Rates / $1346.05
ES Levy / $139.75
Strata manager / Self managed

Property #2 Spefications

Council / City of Holdfast Bay
Zoning / RHD’15’3
Built / 1930
Council Rates / $1884.45
ES Levy / $175.65
Strata manager / Self managed

Property Code: 1320