1/87 Marine Parade, Elwood VIC 3184

LUXURY TOWN & BEACH RESIDENCE INC INCOME GENERATING LARGE SELF CONTAINED STUDIO

This stunning landmark four-bedroom, three bathroom beachfront property captures the ultimate Elwood lifestyle with its proximity to beaches and cafes. Surrounded by parks, it offers never to be built out, breath-taking views of the bay, gorgeous sunsets, and the magnificent city skyline.
This sensational ultra-modern architect designed home spans 3 levels and includes:
- Designer self-contained studio apartment, possible home office or guest suite, currently functioning as AirBnB with
forthcoming bookings and income available. FY 20/21 Income was $20,000 at approx 50% occupancy.
- Whisper quiet double and triple glazing throughout
- 4 stylish bedrooms with fitted BIRs, one with a library, the main with a custom WIR and a luxe ensuite,
- Vogue bathroom with a stone bath and basins,
- Chef-designed marble kitchen with island bar and large functional butler's pantry
- Siemen's appliances, two ovens and integrated European fridge
- Chic dining area with expansive sea views
- Large entertainers balcony
- Inviting lounge with built in daybed
- Double car garage with ample built in storage
- Approved council planning permit for swimming pool
This outstanding property features a spacious shady ground level deck for large-scale entertaining, Bali inspired hot water outdoor shower, R/C air conditioning, motion activated security camera system and alarm, double-glazed European windows, a surplus of fitted storage and a double car garage via automatic security gates.
This contemporary luxury property is prominently located with uninterrupted sea views across Elwood Park and Foreshore, Point Ormond and Robinson Reserve, and also captures the city skyline. This home sits on the intersection of Shelley Street with views that can never be built out and is only a short stroll to the beach, Jerry's Milk Bar, Elwood Village, Acland Street, and neighbourhood schools.