1 4/2 Glenarm Rd, Glen Iris VIC 3146, Australia
A stunning solid-brick block comprising four spacious two-bedroom residences, each featuring a separate dining room. A central entrance hall leads to a generous living area, complemented by a dedicated dining space with appealing front-facing views. Each apartment includes a large master bedroom, second bedroom, central bathroom, and a well-proportioned kitchen with meals area.
Potential Development Upside
Positioned on a substantial 910sqm (approx.) allotment with a deep rear garden, the property offers significant future potential. Chandler Architects have prepared a scheme for the addition of three substantial double-storey, two-bedroom townhouses, each with double garaging, while retaining a single garage for each of the four existing apartments.
• Townhouse 1: 177sqm plus garaging
• Townhouse 2: 150sqm plus garaging
Current Lease Schedule
Residence 1
Lease expiry: September 2026
Rental: $2,173 pcm
Residence 2
Lease expiry: November 2026
Rental: $2,042 pcm
Residence 3
Vacant
Residence 4
Lease expiry: October 2024 (Periodic)
Rental: $1,955 pcm
