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1/68 Spray Street
Elwood, VIC 3184

$3,500,000-$3,700,000

Search Band

$3.5M - $3.75M High Confidence

Apartment 3 beds 3 baths 2 cars

Listed: 10 days ago

Updated: 2 days ago

Overview

This exclusive ground-floor apartment in the heart of Elwood offers a private sanctuary with only two residences in the building. It features its own private full-length lap pool, lift access, secure basement parking for two cars, and a self-contained basement zone complete with a kitchenette, making it one of the most prestigious apartment offerings in the area.

Designed through a collaboration between Keystone Property Group and KUD Architecture, this brand-new residence epitomizes luxury living for those who appreciate space, privacy, and a premium beachside lifestyle. The residence is thoughtfully crafted to provide a tranquil and sophisticated environment.

Upon entering, you are greeted by an immediate sense of calm. The open-plan living and dining area serves as the heart of the home, illuminated by natural light streaming through oversized architectural windows. The warm French Oak flooring and fluted joinery throughout the apartment create a refined and cohesive design aesthetic.

The gourmet kitchen is a highlight, combining form and function seamlessly. It is equipped with high-end Miele appliances, a Fisher & Paykel integrated refrigerator, and soft-touch 2pac cabinetry. The kitchen flows effortlessly to a private outdoor oasis, which is rare for Elwood apartments. This outdoor space includes a sprawling garden terrace framed by contemporary colonnades and lush greenery, providing an ideal setting for alfresco dining and entertaining.

The accommodation is sophisticated and comfortable. The primary suite is a luxurious retreat featuring a lavish en-suite bathroom with a freestanding bath and walk-in robes. Two additional bedrooms each have their own private en-suites, ensuring comfort and privacy for family or guests. Additionally, a dedicated hallway study with stone benching offers a sleek and practical space for a home office.

Every detail in the residence has been carefully considered to enhance comfort and security. Features include Tundra marble surfaces, reverse-cycle heating and cooling, Lucci ceiling fans, and designer lighting. Security is comprehensive with a full system including CCTV, keypad entry, and secure basement parking.

Residents can enjoy the vibrant Elwood lifestyle, with the foreshore just a stroll away and the popular café culture and boutique retail of Ormond Road nearby. Convenient transport options include Elsternwick Station and city-bound trams, making this location highly desirable within Melbourne's bayside neighborhoods.

Potential buyers should note that 100% stamp duty savings are available, subject to discussion with the agent. All information provided is believed to be accurate but interested parties are encouraged to make their own inquiries to confirm details.

Local Market Insights

In Elwood, Quiet Listings observed 33 new apartments entering the market over the last 30 days, up from 24 during the previous 30-day period, with an average advertised asking price of $1,173,258. The property type mix of listed properties is predominantly Apartments at 65%, followed by houses (21%), and units (12%). RT Edgar was the most active agency in this area, representing 40.0% of all new listings in the last 30 days. 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.