Four house-sized apartments, endless returns!
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
$2,280,000
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*
119
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
This website contains data, analytics, statistics and other information supplied by PROPERTY DATA PTY LTD. The data provided in this website is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Property Data relies upon data supplied by third parties and while the data is checked and reviewed, PropertyData does not warrant the accuracy or completeness of the information to the full extent permitted by the law and excludes all loss or damage howsoever arising (including through negligence) in connection with the data supplied by Property Data. The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.