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Overview
Expressions of Interest closing 4pm Tuesday 7th July. This distinguished Edwardian family residence is situated on a prestigious 568 square meter block of sunlit northerly land, offering a home of substance and versatility. Having been cherished by the same family for over four decades, the property exudes a timeless elegance and a wealth of memories, while presenting an exceptional opportunity for the next owners to create their own legacy.
The residence is enveloped by generous gardens, providing a serene and private setting. It is located on one of Elwood's most sought-after streets, known for its wide tree-lined avenues and proximity to the vibrant local community. The home features a delightful blend of period character and functional living spaces, including a spacious formal lounge with a beautiful fireplace and large windows that fill the room with natural light.
Accommodation comprises six bedrooms, two bathrooms, and a study, making it ideal for a large or growing family. The bedrooms are well-proportioned, with the master suite offering additional space and comfort. The bathrooms are functional and well-maintained, with potential for modernization to suit contemporary tastes.
The kitchen is practical and overlooks the rear garden, providing a pleasant outlook while preparing meals. There is ample space for casual dining and entertaining, with direct access to outdoor areas. The property also includes a single car garage and additional parking space, catering to the needs of residents and guests.
Outdoor living is a highlight of this home, with a private backyard that is perfect for children to play, gardening enthusiasts, or hosting gatherings. The garden is complemented by mature trees and established landscaping, enhancing the overall appeal and tranquility of the property.
Located within walking distance to local shops, cafes, parks, and the beach, this home offers a lifestyle of convenience and leisure. Nearby schools and public transport options further add to the desirability of this address.
This property represents a rare opportunity to secure a substantial family home in a premier location, with scope to renovate, extend, or redevelop (subject to council approval). It is well-suited to those seeking a forever home or a valuable investment in one of Melbourne's most prestigious suburbs.
In summary, 2 Burns Street, Elwood is a character-filled Edwardian residence on a generous 568sqm block, offering six bedrooms, two bathrooms, a study, and a single garage. It combines classic charm with practical family living in a highly sought-after location, making it a truly special offering in the market.
Local Market Insights
In Elwood, Quiet Listings observed 12 new houses entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $2,658,333. The property type mix of listed properties is predominantly Apartments at 55%, followed by houses (32%), and units (8%). The most active agency for houses in the Elwood area is currently Jellis Craig, representing 50% of new listings, followed by Buxton Real Estate Group with 25%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.