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Colliers International - Melbourne East
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37 Foam Street Elwood, VIC 3184

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For Sale

37 Foam Street Elwood, VIC 3184

Development Sites & Land
Sale Price

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Land area

614.0m²

Floor area

444.0m²

Property extent

Whole

Tenure type

Tenanted Investment

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

*approx

Property ID: 503009706Last Updated: 10 Dec 2018

Colliers International - Melbourne East
37 Foam Street
Elwood, VIC 3184
Ben Baines
Raphael Favas
Ted Dwyer

Colliers International - Melbourne East

Level 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148

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Colliers International - Melbourne East

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Colliers International - Melbourne East

Level 7, Chadstone Tower One, 1341 Dandenong Rd
CHADSTONE, VIC 3148
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Ben Baines

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Ben Baines
Colliers International - Melbourne East
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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  • Ben Baines

    Ben Baines

    Colliers International - Melbourne East
    +61 *** ***
  • Raphael Favas

    Raphael Favas

    Colliers International - Melbourne East
    +61 *** ***
  • Ted Dwyer

    Ted Dwyer

    Colliers International - Melbourne East
    +61 *** ***