1-6/40 Southey Street, Elwood VIC 3184

EXPRESSIONS OF INTEREST CLOSING MONDAY 10TH NOV AT 12:00PM

An outstanding opportunity to secure your stake in Elwood. This three-storey Art Deco block offers six apartments with extra large proportions. All currently tenanted, delivering an immediate rental income & with just two residences per floor, these sun-drenched & spacious apartments combine timeless character with strong investment appeal. Whether you’re a seasoned investor looking to immediately bring in a passive income or wanting to explore an array of future prospects for capital growth (STCA). Accessed via secure intercom entry from Southey Court, each apartment features a wide entrance hallway, a wonderfully expansive living & adjoining dining room with leafy outlooks, split system heating/cooling, (3 with balconies), plus a separate functional kitchen. Two large bedrooms share a central bathroom with shower, bath & separate toilet. The block also includes off street parking. Superbly positioned in Elwood with easy access to Ormond Road, Acland & Tennyson Street shops & cafes, Elwood Beach, St Kilda Botanical Gardens & Ripponlea train station all close by.