1-11/21 Chusan StreetBalaclava

Quite unlike anything currently available on the market, this extraordinary complex features eleven apartments set on the same title. Coupled with dual street frontage & a premium lifestyle address, you’re bestowed with a remarkable set & forget investment. Primed for refurbishment or redevelopment, the 11x apartment configuration comprises of 10x 1-bedroom apartments & 1x 2-bedroom apartment with ample car accommodation. Each apartment features a spacious living & dining precinct with adjoining kitchen, bright & airy bedrooms with built-in robe storage, and bathroom. Estimated fully let rental income approx. $140,000 p.a or there is scope to modernise build a contemporary complex (STCA). just moments from Balaclava Station, Hewison Reserve, trams & trains, and Carlisle Street shops & cafes.