"In my opinion, you will not currently find a better duplex apartment investment opportunity than Units 1&2, 25 Coolullah Ave, South Yarra."
$2,100,000 - $2,300,000
It is extremely rare that properties such as Units 1 and 2, 25 Coolullah Avenue, South Yarra are offered for sale. This is no less than a rolled gold opportunity to secure a duplex that has been in the same family for 38 years.
This solid-brick property comprises two x two-bedroom apartments with the potential for further improvement (STCA).
Unit 2, upstairs, is fully renovated to a high standard with quality fittings. The kitchen features European appliances including a gas cooktop, electric oven and d/w. Washing machine facilities are provided in the modern, functional bathroom, while the large living room has quality solid timber flooring, split system a/c and views over the quiet cul de sac enhanced by local parrots in Summer. The spacious bedrooms offer mirrored robes and ceiling fans for comfort.
Unit 1, downstairs, is ready to renovate to the same high standard as Unit 2. It has the potential to offer the updated kitchen and bathroom of Unit 2, complemented by two spacious bedrooms and a large living room with heating and split system a/c.
While both Units have access to the large ground floor courtyard and outdoor laundry, a buyer with vision may wish to make this area exclusive to Unit 1. Another option would be for a family to occupy both apartments as one house. One car space is provided at the rear of the building as shown on separate titles for each.
We donate a small portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.