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1-4/47 Broadway

Elwood VIC 3184

8
4
4
765 m²
Block of units
Currently for sale - view listing

Overview

Four Fully Renovated Apartments on a Substantial Block with Future Development Potential (STCA)

Viewings available by private appointment. A rare and compelling opportunity in the heart of beachside Elwood, this exceptional block of four fully renovated apartments occupies a substantial allotment of approximately 765sqm, offering immediate income with outstanding future development potential (STCA), with concept plans for three townhouses. Set within a classic boutique block of four, each residence has been thoughtfully renovated to deliver modern comfort while retaining the timeless charm that defines Elwood living. Investors will appreciate the strong rental appeal and low-maintenance nature of the property, while developers and land-bankers will recognise the long-term upside offered by the generous landholding. Positioned in one of Elwood's most sought-after tree-lined streets, the property enjoys easy access to vibrant Elwood Village, cafés, parks, public transport and the foreshore, enhancing its appeal for both tenants and future redevelopment. Property Highlights Boutique block of four fully renovated apartments Substantial landholding of approximately 765sqm Prime Elwood location in a quiet, tree-lined street Strong investment potential with immediate rental income Future development potential (STCA) Close to the beach, Elwood Village, parks, schools and public transport Opportunities of this scale and flexibility in tightly held Elwood are increasingly rare. Whether you're seeking a blue-chip investment, strategic landholding or development opportunity, 47 Broadway, Elwood represents an exceptional offering in a premier bayside setting.

Features

8 bedrooms
4 bathrooms
4 carspaces
765 m² lot size
Block of units

Happy sellers in Elwood

77%
77% of sellers in Elwood reported that their sale price either exceeded or met their price expectations.

Elwood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 95 reviews in Elwood over the last 12 months.

Local market activity for 8 bedroom block of units in Elwood

In the last 12 months, 1 eight-bedroom block of units similar to 1-4/47 Broadway, have been sold.

This represents a 67% increase in eight-bedroom block of units sales when compared to the previous 12 months.

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