37 Foam Street Elwood, VIC 3184
INVEST IN ELWOOD’S GOLDEN MILE!
- Eight fully renovated apartments
- Prime 614m²* Elwood land parcel
- Fully leased rental of $193,116pa
Colliers International is pleased to offer 37 Foam Street, Elwood for Private Sale.
37 Foam Street, Elwood represents the extremely rare opportunity to acquire a block of 8 fully renovated, high end apartments in the heart of Elwood’s golden mile. This exceptional investment opportunity is further enhanced by its prime location which is directly surrounded by outstanding retail, lifestyle and education amenity all within walking distance (Elwood Foreshore, Elsternwick Park, Elwood Village & Ormond Park).
Key investment highlights are as follows -
- Eight (8) individually titled residential apartments in the heart of Elwood’s golden mile
- Fully leased rental of $193,116 per annum*
- Brilliantly refurbished with high end finishes and appliances being installed throughout (Modern floorboards, designed tiles bathrooms, split-system heating & cooling, spacious balconies & courtyards, stainless steel appliances, dishwasher, stone bench tops)
- Secure off-street car parking for each residency
- Exceptional Elwood median house price growth of 62.6% over the past 5 years ($2,000,000*)
- The strongest unit market in the state with the shortest days on market
Property ID: 503009706Last Updated: 10 Dec 2018