Watch Watch
Your home of Development Ready videos
Watch Watch
Back
Sold Check

1-8, 26 Byrne Avenue, Elwood, VIC 3184

+11 Photos
×
Sold Check
+13 Photos
1-8, 26 Byrne Avenue, Elwood, VIC 3184

1-8, 26 Byrne Avenue, Elwood, VIC 3184

Properties / Sold / Victoria / Elwood
Development Potential

1. Property Summary

Property Type
Residential
Sub Type
Townhouse Sites, Units, House, Land Site
Land Area
759 m² (*approx)
Zoning
NRZ5 NRZ
Local Government
Port Phillip
Selling Method
$AUD: $2,900,000 - $3,190,000
Auction Date
18 May 2023 02:00PM
Show All

2. Property Highlights

The Power of 8

A rare & exciting opportunity exists to enjoy endless blue-chip returns on a block of 8 separately titled & currently tenanted apartments, enviably situated in one of the best streets in Elwood with easy access to absolutely everything the Elwood lifestyle has to offer! Investors looking to acquire property & immediately bring in a rental income with future options to further update, enhance & add value (STCA), this well maintained, solid 70’s boutique block, in a picturesque tree lined avenue, is a once in a lifetime prospect! The substantial 759m2* allotment comprises 1 x exceptional three bedroom, two bathroom apartment on the first floor with impressive house like proportions featuring a generous living & adjoining dining room with original retro style timber screens, built in cabinetry & a gorgeous full width entertainer’s balcony with leafy neighbourhood views, a spacious well appointed kitchen, light filled casual meals area, separate laundry & double garage as well as 7 extra large one bedroom apartments all in good original condition, each featuring a living room, separate functional kitchen with meals area, bathroom with laundry facilities & off street parking on title. Superbly positioned in a vibrant in-demand Bayside location with Ormond Road shops, cafes, bars & transport on the one end of the street & Elwood beach at the other end! Don’t miss your chance to capitalise on this great address. *Approximate Title Dimensions.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Residential
Sub-type
Townhouse Sites, Units, House, Land Site
Land Area
759 m² (*approx)
NRZ5 NRZ
Local Government
Port Phillip
Selling method
$AUD: $2,900,000 - $3,190,000
Auction Date
18 May 2023 02:00PM

2. Property Highlights

The Power of 8

A rare & exciting opportunity exists to enjoy endless blue-chip returns on a block of 8 separately titled & currently tenanted apartments, enviably situated in one of the best streets in Elwood with easy access to absolutely everything the Elwood lifestyle has to offer! Investors looking to acquire property & immediately bring in a rental income with future options to further update, enhance & add value (STCA), this well maintained, solid 70’s boutique block, in a picturesque tree lined avenue, is a once in a lifetime prospect! The substantial 759m2* allotment comprises 1 x exceptional three bedroom, two bathroom apartment on the first floor with impressive house like proportions featuring a generous living & adjoining dining room with original retro style timber screens, built in cabinetry & a gorgeous full width entertainer’s balcony with leafy neighbourhood views, a spacious well appointed kitchen, light filled casual meals area, separate laundry & double garage as well as 7 extra large one bedroom apartments all in good original condition, each featuring a living room, separate functional kitchen with meals area, bathroom with laundry facilities & off street parking on title. Superbly positioned in a vibrant in-demand Bayside location with Ormond Road shops, cafes, bars & transport on the one end of the street & Elwood beach at the other end! Don’t miss your chance to capitalise on this great address. *Approximate Title Dimensions.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

1-8, 26 Byrne Avenue, Elwood, VIC 3184

Property Map

4. Due Diligence

Site Report Available

Download your free DistrictData site summary. Make sure you are logged into DevelopmentReady to allow access

Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
Download Report
Download Report