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NORTH MELBOURNE

130-132 Melrose St

Income + Future Upside!

• Short Term Holding Income
• Buy 1 or Both
• Real Upside

2 single fronted brick terraces on separate titles in need of work or redevelopment! (stca)
Brilliant location within the Medical & University precinct.
* Combined Land area: 232m2 approx
* Combined building area:120m2 (estimate only)
* Zoning: General Residential
* Short term leases with no further options in place (Expire 2023) to Laundromat & Convenience Store.
* Sensational opportunity to value add in this fantastic location just off Flemington Rd.
* 2 road frontages including Pies Lane at the rear.
* 800M approx to Royal Children's Hospital.
* 1.5KM approx to RMH.
* 4 km to Melbourne GPO.

130 & 132 Melrose St may just be the opportunity you have been looking for!