40 Elm Grove, Ripponlea, Vic 3185

A range of rewards awaits! This deep, ideally located allotment currently comprises two single level, self-contained villa units. The opportunity to continue enjoying the rental income and investment advantages of this pair of original properties is complemented by scope to consider replacing them with an apartment re-development or pursuing new home site plans if so desired, STCA. Currently comprising a choice of two or three bedrooms formats, each with original living areas, separate kitchen/meals domains, and central bathrooms with separate laundries. Off street parking contributes further to current success and illustrates attractive land size conveniently close to Ripponlea station, great local shopping and Elsternwick Park.