Elwood 26 Docker Street

9 Apartments on One Title

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Floorplan

The unique offering of a block of 9 apartments on one title, to be sold as one property, is an opportunity that presents potential purchasers with the choice to retain as an investment, (current rental $111,588 per annum approx.) balanced with the option to refurbish or redevelop (STCA).

This proud 3 storey brick building with the architectural merit and influences of its mid- century design sits in a leafy street in a select pocket of Elwood, equidistant from shops and the beach, and houses nine surprisingly spacious one bedroom apartments with living, bathroom and kitchen. Balconies to the upstairs apartments and vehicle access from the rear ROW.

Home owners and tenants alike delight in the host of lifestyle offerings which abound in this sought after suburb. Parklands and sporting facilities along the beach front, Elsternwick Park and Golf course, the well trod beach promenade from Head Street to Point Ormond, the numerous coffee spots, the cosmopolitan vibe of the eateries and shops of Elwood Village, the proximity of Glenhuntly Rd's Elsternwick station and shopping precinct and the city tram via Brighton Rd all contribute to the enjoyment and convenience experienced by a rich mix of residents in this popular bayside location.

Sold as one property 9 apartments Current rental return $111,588 per annum approx Scope to refurbish or redevelop (STCA) Sought after location Easy stroll to Elwood Beach

Terms 10% deposit, balance 60 days

Land: 15.24 x 40.3 - 614 sq m approx.

• Property Information

  • Land area approx 614sqm

Nearest Schools

Fletchers Agents

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  David Taylor Senior Associate & Auctioneer, Licensed Estate AgentAREI, CEA (REIV)

  david.taylor@fletchers.net.au 0411 222 544 03 9836 2222
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  John Taylor Senior Property Consultant

  john.taylor@fletchers.net.au 0419 346 762 03 9836 2222