76 Chesterville Road, Cheltenham VIC 3192

Combining a premier Southland precinct location, a strong yield and excellent as-new presentation, this boutique apartment group is a substantial Southland precinct investment package. Comprising five individual two/three bedroom, two bathroom apartments on a single-titled approx 655sqm site, this profitable package offers current 100% occupancy with ongoing leases for every apartment and an overall return of approx $118,000pa.

Designed for wide rental appeal with a classical façade and eight auto-gated carspaces (most covered) accessed from a side lane, each reverse-cycle air-conditioned home in the group is appointed to the same high standard with a Smeg appliance kitchen, a designer bathroom plus a private ensuite, stone benchtops, ceiling fans, tiled and carpeted floors, mirrored robes and a storage cage. All feature generous private open-space with a courtyard or balcony, some benefit from a fitted study area and some capture a wide open treetop view to the Dandenongs.

Adjacent local shopping, just 200m from the doors of Southland with multi-level development rising all around, this may be one of the last boutique, whole group, opportunities in this high-achieving retail precinct. Certainly it is one of the most well-built, well-designed and potentially most rewarding. For more information about this hardworking home contact Wesley Belt at Buxton Mentone on 0418 310 753