In the one family since 1967, this charming period style brick 2 level residence, on an amazing 656sqm. Is currently converted into 3 rentable units that are separately metered (but on one title) with potential rental income of $360-$390pw each. An irreplaceable combination of location, land size and period integrity presents a rare opportunity to return this property to landmark status as one of the area’s finest homes. With full driveway access to rear yard, ample off street parking and the caf lifestyle of the Ormond Road Shopping Village and the child friendly Elwood Beach only a minutes walk away, this golden opportunity is ready for the next lucky family to create their own beach memories.

Land Size: 656sqm
House Size: 25sq approx
Age of Property: Family owned since 1967
Hot Water Service: Gas
Heating: Gas
Cooling: Upstairs in Unit 3 only (Units 1 and 2 have high ceilings)
Council Rates: Unit 1 $1,252pa; Unit 2 $1,077pa; Unit 3 $1,116pa (all figures approx.)
Chattels: All fixtures and fittings as inspected
Deposit Terms: 10% of Purchase Price
Preferred Settlement: 120 days
Rental Appraisal: $360-$390pw each unit
Nearest Primary Schools: St Columbia’s
Nearest Secondary Schools: Elwood College
Nearest Public Transport: Bus 606, Elsternwick Station, Fisherman’s Bend 150m from front door

What we love about the property:

1. Time travel: filling Unit 1 or 2 with Art Deco furnishings allows you to switch off from the 21st century which modern units cannot do
2. No hills: flat for nanna or pa’s mobile walker, and prams
3. See New Year fireworks from front door rather than on TV
4. When it’s 40+ degrees in Summer, no parking problems for visitors
5. The big tree at the back is perfect for family and friends to gather