38 Grove Street
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Heritage
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About this property
Set in a peaceful, tree lined street just moments from the Bay Run and light rail, this offering combines established income with a clear path to growth. The front building is configured as three well presented, income producing homes, delivering cash flow from day one. Behind it lies a development ready parcel with direct lane access via Grove Lane, a rare opportunity to add a high quality new dwelling STCA while retaining the existing earnings. - Three distinct Apartments generating immediate income - Total land holding approximately 457m² - Rear parcel prepared for development - Direct lane access and services in place - Quiet lifestyle setting moments from parks, cafes and transport
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 0
- Parking
- 2
- Land Area
- 457m²
- Listed
- 5 days ago
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Features
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Within 5km