Four house-sized apartments, endless returns!
A rare investment opportunity exists to make your mark & enjoy endless blue-chip returns on “Delalah” - a boutique Art Deco block of 4 x three-bedroom house-sized apartments.
Ideally located on a prime corner allotment of 610m2*, on a prized tree-lined street at the beach end of Dickens Street Elwood, this well maintained stylishly older block presents a rare opportunity for the seasoned investor to immediately bring in a passive income & explore an array of future prospects for capital growth.
All four solidly built apartments are generously proportioned & refurbished & the complex lay out comprises of two on the ground level & two on the upper level. All feature an inviting entrance hall with charming period detail & timber flooring, a spacious living room & a well-appointed modern kitchen with quality appliances (including dishwasher), an abundance of storage, space for meals area & an adjoining laundry.
Each apartment also includes three large bedrooms – a main bedroom with built-in robes & ensuite & two additional bedrooms (one with built-in robes & the other with balcony access) serviced by a sparkling central bathroom with shower & bath.
Also featuring a communal garden space for residents at the rear of block, a non-designated single garage with remote roller door & R.O.W access.
Superbly positioned in an in-demand lifestyle pocket moments from the beach & within easy reach of St Kilda Botanical Gardens, a choice of vibrant shops, cafes & bars, transport, schools & parklands.
Don’t miss this exciting opportunity to capitalise on this fantastic address! *Approximate Title Dimensions.
Ideally located on a prime corner allotment of 610m2*, on a prized tree-lined street at the beach end of Dickens Street Elwood, this well maintained stylishly older block presents a rare opportunity for the seasoned investor to immediately bring in a passive income & explore an array of future prospects for capital growth.
All four solidly built apartments are generously proportioned & refurbished & the complex lay out comprises of two on the ground level & two on the upper level. All feature an inviting entrance hall with charming period detail & timber flooring, a spacious living room & a well-appointed modern kitchen with quality appliances (including dishwasher), an abundance of storage, space for meals area & an adjoining laundry.
Each apartment also includes three large bedrooms – a main bedroom with built-in robes & ensuite & two additional bedrooms (one with built-in robes & the other with balcony access) serviced by a sparkling central bathroom with shower & bath.
Also featuring a communal garden space for residents at the rear of block, a non-designated single garage with remote roller door & R.O.W access.
Superbly positioned in an in-demand lifestyle pocket moments from the beach & within easy reach of St Kilda Botanical Gardens, a choice of vibrant shops, cafes & bars, transport, schools & parklands.
Don’t miss this exciting opportunity to capitalise on this fantastic address! *Approximate Title Dimensions.
Elwood suburb statistics
Houses*
Median sale price
$2,300,000
Quarterly price change
1.63%
Units*
Median sale price
$690,750
Quarterly price change
0.83%
Sales insights
Auction clearance rate*
66%
Median days on market∧
25 days
Total sold properties*
124
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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