74 Dickens Street
Elwood, VIC 3184

Overview

74 Dickens Street, Elwood

This exceptional property is a block of six two-bedroom apartments, offered for sale as a single entity, presenting a unique investment or development opportunity in a highly sought-after blue-chip location. The entire building occupies a generous approximate land area of 579 square metres and has been recently renovated to an impeccable standard, with no expense spared in the upgrade process.

The residences are spread across three levels, with two apartments on each floor. Each apartment has been thoughtfully updated to include brand new stone bench tops, premium kitchen appliances, and modern fixtures and fittings throughout, ensuring a contemporary living experience while retaining the charm of the original 1970s solid blonde brick construction.

The ground floor apartments benefit from expansive wrap-around courtyards featuring beautifully landscaped gardens, providing private outdoor spaces for relaxation and entertaining. Each apartment boasts a sophisticated living room that opens onto a balcony, a well-appointed kitchen with an adjoining meals area, a separate bathroom, and convenient washing machine taps for added practicality.

Parking is well catered for with four off-street car spaces accessible via a right of way at the rear of the property, offering convenience and exclusivity for residents or tenants. This setup is ideal for investors seeking secure tenancies that provide a steady income stream, along with depreciation benefits and the advantage of minimal ongoing maintenance or renovation requirements.

Developers will also find inspiration in the prime location, situated just meters from the beach and on the cusp of the vibrant Elwood and St Kilda precincts. The wide street frontage and northern aspect at the front of the property enhance its appeal, while the proximity to key amenities such as St Kilda Marina, Riva restaurant, the foreshore's bike and walking tracks, St Kilda Botanical Gardens, Acland Street shops, and Elwood Village make this an irresistible opportunity for future value additions, subject to council approval.

This property represents a rare chance to acquire a well-maintained, fully renovated block of units in a prestigious bayside suburb, combining lifestyle, location, and investment potential. Prospective buyers are encouraged to conduct their own due diligence and seek independent advice to confirm all details prior to making any decisions.

Disclaimer: All information provided, including floorplans, room dimensions, and land size, is indicative only and intended for general guidance. Accuracy or completeness of any plans, illustrations, or representations shown in marketing materials cannot be guaranteed. Buyers should verify all details independently.

Location