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Back 1-6/40 Southey Street
Off Market

1-6/40 Southey Street

Elwood VIC 3184

12
6
3
Block of units
Daniel MicmacherDaniel Micmacher, last sold this property on 11 November 2025 after 28 days on market.

Overview

Elwood Icon

EXPRESSIONS OF INTEREST CLOSING MONDAY 10TH NOV AT 12:00PM An outstanding opportunity to secure your stake in Elwood. This three-storey Art Deco block offers six apartments with extra large proportions. All currently tenanted, delivering an immediate rental income & with just two residences per floor, these sun-drenched & spacious apartments combine timeless character with strong investment appeal. Whether you're a seasoned investor looking to immediately bring in a passive income or wanting to explore an array of future prospects for capital growth (STCA). Accessed via secure intercom entry from Southey Court, each apartment features a wide entrance hallway, a wonderfully expansive living & adjoining dining room with leafy outlooks, split system heating/cooling, (3 with balconies), plus a separate functional kitchen. Two large bedrooms share a central bathroom with shower, bath & separate toilet. The block also includes off street parking. Superbly positioned in Elwood with easy access to Ormond Road, Acland & Tennyson Street shops & cafes, Elwood Beach, St Kilda Botanical Gardens & Ripponlea train station all close by.

Features

12 bedrooms
6 bathrooms
3 carspaces
Block of units

Estimated Value

We need at least 3 similar 12 bedroom block of units sold in Elwood over the last 12 months.

Property history for 1-6/40 Southey Street

2025
Sold
Undisclosed
Private Sale/Treaty on 11 Nov 2025 by Daniel Micmacher, of Gary Peer & Associates - Caulfield

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 93 reviews in Elwood over the last 12 months.

Local market activity for 12 bedroom block of units in Elwood

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Rhianna Hoyle

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Corey Pabst

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