1-6 / 40 Southey Street, Elwood
VIC 3184
- 12
- 6
- 3
Elwood Icon
EXPRESSIONS OF INTEREST CLOSING MONDAY 10TH NOV AT 12:00PM
An outstanding opportunity to secure your stake in Elwood. This three-storey Art Deco block offers six apartments with extra large proportions. All currently tenanted, delivering an immediate rental income & with just two residences per floor, these sun-drenched & spacious apartments combine timeless character with strong investment appeal. Whether you’re a seasoned investor looking to immediately bring in a passive income or wanting to explore an array of future prospects for capital growth (STCA). Accessed via secure intercom entry from Southey Court, each apartment features a wide entrance hallway, a wonderfully expansive living & adjoining dining room with leafy outlooks, split system heating/cooling, (3 with balconies), plus a separate functional kitchen. Two large bedrooms share a central bathroom with shower, bath & separate toilet. The block also includes off street parking. Superbly positioned in Elwood with easy access to Ormond Road, Acland & Tennyson Street shops & cafes, Elwood Beach, St Kilda Botanical Gardens & Ripponlea train station all close by.
An outstanding opportunity to secure your stake in Elwood. This three-storey Art Deco block offers six apartments with extra large proportions. All currently tenanted, delivering an immediate rental income & with just two residences per floor, these sun-drenched & spacious apartments combine timeless character with strong investment appeal. Whether you’re a seasoned investor looking to immediately bring in a passive income or wanting to explore an array of future prospects for capital growth (STCA). Accessed via secure intercom entry from Southey Court, each apartment features a wide entrance hallway, a wonderfully expansive living & adjoining dining room with leafy outlooks, split system heating/cooling, (3 with balconies), plus a separate functional kitchen. Two large bedrooms share a central bathroom with shower, bath & separate toilet. The block also includes off street parking. Superbly positioned in Elwood with easy access to Ormond Road, Acland & Tennyson Street shops & cafes, Elwood Beach, St Kilda Botanical Gardens & Ripponlea train station all close by.
Elwood suburb statistics
Houses*
Median sale price
$2,310,000
Quarterly price change
0.87%
Units*
Median sale price
$650,000
Quarterly price change
0%
Sales insights
Auction clearance rate*
67%
Median days on market∧
24 days
Total sold properties*
138
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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