Fabulously located Art Deco block of five
A once in a lifetime opportunity exists to enjoy endless returns on a unique block of five residences featuring two street frontages, ideally positioned on prized tree-lined streets in the heart of Elwood. These five original condition brilliantly located Art Deco apartments ooze character & offer the best of both worlds. Peaceful & private, yet with all the lively action of vibrant Elwood Village & St Kilda just down the road it presents a rare & unique chance for the seasoned investor, renovator or developer to explore an array of future prospects for capital growth in a blue-chip location. The 427m2* allotment comprises one exceptionally large ground floor apartment with four bedrooms, lounge, dining room, kitchen, bathroom & garage parking for one car plus an additional off street car space & two upper level apartments accessed via Southey Street as well as an additional two apartments accessed via Mitford street, each comprising two bedrooms, spacious kitchens, generous lounges, original bathrooms & all of varying floorplans & condition. Superbly positioned in an in-demand lifestyle pocket within easy reach of St Kilda Botanical Gardens, Acland Street, the beach, transport, bars cafes & restaurants. Don’t miss this exciting opportunity to capitalise on this fantastic address! *Approximate Title Dimensions.
Elwood suburb statistics
Houses*
Median sale price
$2,345,000
Quarterly price change
0%
Units*
Median sale price
$670,000
Quarterly price change
-0.45%
Sales insights
Auction clearance rate*
78%
Median days on market∧
29 days
Total sold properties*
151
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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