4 Woods Street, Ascot Vale, Vic 3032

Brilliantly located on the banks of the Maribynong River is this unique & rare opportunity to acquire this solid brick, double store residence with 3 self-contained apartments, separately leased & returning approx $49,272 pa.
With multiple options, you can choose to renovate & create your dream river front home, redevelop subject to council approval, or maintain as an excellent addition to your investment portfolio.
With scope for updating, the current set up includes 2 one bedroom downstairs apartments, each with bathrooms & combined kitchen meals/living areas & single lock up garages. Upstairs offers a light filled & spacious 2 bedroom apartment with central bathroom, open plan kitchen/meals & lounge plus terrace with river views. The rear yard also includes an old pool & spa room, rumpus/workshop, plus off street parking for 2 cars. Approx 9 kms to Melb CBD, this once in a lifetime opportunity is just a short stroll to Maribynong Rd, tram, cafes, river parklands & trails.