One title, two rare Deco homes, multiple rewards
To be sold as one, this pair of Deco apartments each with house-like proportions built in an era of quality & style offers buyers a selection of multiple options. Situated on an allotment of 610m2* there is so much you can do to capitalise on this opportunity. One could consider to refurbish the apartments with an up-to-date modern makeover & potential expansion (STCA), keep as an investment or alternatively convert the building into one special home & utilise the surrounding land. Currently in their present format, vivid decorative elements & scale are paramount. Each apartment boasts three bedrooms & expansive living & dining rooms with large windows to welcome in the glistening sun. Separate kitchens with ample storage & freestanding cooktops are ideal for cooking up a storm while porcelain-clad bathrooms with separate toilets add extra Deco charm. Both dwellings showcase abundant storage, covered porches & the top floor apartment also features reverse cycle heating/cooling & roof storage. Additional features include polished timber floorboards, a garage, off street parking & a massive rear garden area with scope to add an additional dwelling (STCA). Positioned in the heart of cosmopolitan Elwood, where the beach & St Kilda Botanical Gardens are a short walk off, Tennyson Street cafes are around the corner, whilst dining & retail options of Ormond Village & public transport options are moments away. *Approximate Title Dimensions.
Elwood suburb statistics
Houses*
Median sale price
$2,250,000
Quarterly price change
-1.78%
Units*
Median sale price
$646,000
Quarterly price change
-0.93%
Sales insights
Auction clearance rate*
78%
Median days on market∧
24 days
Total sold properties*
125
*Updated quarterly for the past 12 months
^Updated daily for the past quarter
~Updated daily for the past 12 months
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