18 Spray Street, Elwood

Block Of Units For Sale - Contact Agent

9 Bed | 9 Bath | 9 Car

Diamond investment in Blue-Chip Bayside. Entire block of 9 could be yours!

Presenting to you an extremely rare chance to take control of an entire boutique complex of apartments in one of Melbourne's most sought-after Bayside suburbs. 18 Spray Street, Elwood, comprises nine one-bedroom, one-bathroom apartments, updated with modern features, in a three-storey apartment complex built to standards of solid construction that you rarely see these days. Secure intercom entry, generous bedrooms, well-appointed kitchens and spacious living areas, and the ground-floor apartments are premium with the addition of courtyard gardens. Uninterrupted views at the back for the second and third level. Each apartment has a designated car space behind the complex. Tenants simply love the quiet, leafy Spray Street lifestyle, just meters from the uber-cool Ormond Road village shops and cafes with direct lane way access from Spray Street. The best of both worlds, with the complex fully-tenanted since refurbishment, with an expected rental income of between $380 - $400 per week per apartment.

Driving up to to the complex from Bayside's fabulous beaches, along tree-lined streetscapes, and past fine restaurants, cafes and bars, and all within easy convenience to the city, it is easy to see why Elwood is one of Melbourne's premiere suburbs, and one of Bayside's hottest locations. You could spend years gaining control of a complete apartment complex in an exclusive suburb through careful one-by-one investment. Yet, here is the complete package; the complete investment portfolio in one; the chance for full control over the destiny of a boutique complex. Consider the future potential while enjoying fantastic returns today. Opportunities like this are as rare as diamonds. Make the clever call today.


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John Rombotis 0404073365

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