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Savills Melbourne - MELBOURNE
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37 Foam Street Elwood, VIC 3184

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For Sale - Auction Fri 6 Dec

37 Foam Street
Elwood, VIC 3184

Development Sites & Land • Other • Hotel & Leisure
Sale Price

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Land area

594.0m²

Floor area

408.0m²

Property extent

Whole

Tenure type

Tenanted Investment

Auction

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Fully Refurbished Apartment Block in Prized Elwood Location

  • Premium Bayside Location
  • 8 Units – Refurbished/Fully Leased
  • Moments From Ormond Road Retail Village
37 Foam Street represents an unprecedented opportunity to secure a full block of apartments in one of Melbourne’s most highly sought after residential suburbs - Elwood. The property’s prime location provides for an unrepeatable investment opportunity with a wide range of compelling value add and future redevelopment options.

The key attributes of this unique investment opportunity include:
• An entire block of 8 fully renovated apartments in picturesque tree lined street
• Premium landholding of 594sq m* with 8 on-site car parks
• Fully leased returning $192,600 per annum*
• Neighbourhood Residential Zone 6
• Situated on the doorstep of the vibrant and boutique Ormond Road retail village
• A short walk to the stunning Elwood Beach and the expansive Elsternwick Park
• Elwood has a strong median house price of $1,825,0000^
• A brilliant opportunity to invest in one of Melbourne’s most prized bayside positions

37 Foam Street, Elwood is For Sale by Auction on Friday 6 December at 11am on-site.

*Approx.
^realestate.com.au

Savills agents:
Tim Carr 0415 767 915
Jesse Radisich 0402 085 702
Mark Stafford 0404 401 053
Benson Zhou 0458 488 888

Additional information

Property ID: 503388166Last Updated: 15 Nov 2019

Savills Melbourne - MELBOURNE
37 Foam Street
Elwood, VIC 3184
Mark Stafford
Jesse Radisich
Benson Zhou
Tim Carr

Savills Melbourne - MELBOURNE

150 Collins Street
MELBOURNE, VIC 3000

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Savills Melbourne - MELBOURNE

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Savills Melbourne - MELBOURNE

150 Collins Street
MELBOURNE, VIC 3000
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Mark Stafford

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Mark Stafford
Savills Melbourne - MELBOURNE
37 Foam Street Elwood, VIC 3184

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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