1-4/292 Barkly Street, Elwood VIC 3184

Harose c.1939 Complete Block of Pre-War Grandeur
Architecturally notable, superbly solid and set on around 962sqm at an iconic beachside address, this whole-group opportunity is unique on every level. Almost never offered and certainly never available at this level of quality, the offering of Harose c.1939 represents a unique opportunity to acquire an entire group of four separately-titled apartments for investment, development, individual resale or a combination of all three. With a current rental return of $124,800pa, this grand group will even pay its way while you decide on an approach.

Grandly scaled and smartly positioned in a two-up, two-down configuration with separately-titled garaging and substantial rear open space from a wide bluestone lane, each gas-heated apartment offers a similar two bedroom floorplan with wide hallways opening through arched bevelled-glass doors to gracious separate lounge and dining rooms, a stylish stainless-steel appliance kitchen with meals, and a respectfully restored bathroom with vintage tiling and terrazzo floor.

Built to an extravagant standard right before the deprivations of the war years, the group showcases uncompromising quality and unparalleled finishes. High-gabled and handsome with a decorative clinker-brick facade laced with intricate iron balustrades, every apartment opens to reveal high-ceilinged interiors graced with hardwood floors and elaborate plasterwork.

Following two basic floorplans, all four apartments are presented in the same impeccable condition with some individual detail. Some feature diamond-pane cabinetry, some star a working fireplace, one offers a sea-breeze Juliet balcony, while another has a garden terrace. All have the same grand entries from the street front, the same rear access to garaging, and the same extraordinary quality of construction.

Beautifully situated between Elwood village and the Acland St retail strip, just 200m to the marina and steps from famous Jerry's Milk Bar, this is a uniquely grand opportunity for investors and developers alike.