1-6/6-8 Mona Place, South Yarra, VIC 3141 | Jellis Craig

1-6/6-8 Mona Place, South Yarra

Blue chip investment opportunity in prime location

On an exclusive cul de sac just moments from the Royal Botanic Gardens, an opening to acquire this collection of six individually strata titled units epitomises a significant investment opportunity. Currently delivering rental income of $103,000 per annum this blue chip investment is situated in in a prime South Yarra location within easy walking distance of Toorak Road, Fawkner Park, St Kilda Road and South Yarra station. Beautifully designed, each residence measures approximately 55 sqm and features trademark Art Deco detailing, high ceilings and cleverly positioned sash windows establishing ample light throughout. Accommodation includes one spacious bedroom and living room, well equipped kitchen and bathroom; three apartments feature a private laundry and the remaining three enjoy access to a communal laundry. There are four car spaces (three of which include garage). A secure front entrance provides privacy and a rear private entrance via a fire escape creates additional flexibility. In well maintained condition throughout with scope for interior renovation if desired, the building sits on approximately 336 sqm and is zoned GRZ-5.

Location

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Auction date:

Inspection by appointment

Peter Lloyd

Licensed Estate Agent


Kevin OBrien

Partner & Auctioneer

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1-6/6-8 Mona Place, South Yarra - Floorplan 1