A landmark opportunity quadrupled
This landmark opportunity for four Art Deco apartments to be sold as one are in a most coveted beachside enclave. Four two bedroom & one-bathroom apartments with improvements/renovations to varying degrees offers a myriad of options for any investor. All feature large, light filled living & interconnecting dining rooms, generous kitchens & bathrooms with a bath, some with laundry facilities & split systems, all concluding with shared parking at the rear. Classic original character filled features abound such as a solid construction, decorative windows, deco trimmings, beautiful floorboards, high ceilings & further enduring classic elements forming a backdrop of everlasting appeal. Options abound to reap the benefits of the existing rental returns, or to further renovate par excellence in arguably one of the best beachside locales nestled in a most renown picturesque pocket between St. Kilda Botanical Gardens & the beach. No need to drive, walk to the very best lifestyle amenities this side of town in transport, a plethora of eateries, boutique stores, bars, cafés & so much more.
Elwood suburb statistics
Houses*
Median sale price
$2,280,000
Quarterly price change
-0.88%
Units*
Median sale price
$685,000
Quarterly price change
-0.84%
Sales insights
Auction clearance rate*
64%
Median days on market∧
25 days
Total sold properties*
116
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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