Back 49A Tennyson Street
Off Market

49A Tennyson Street

Elwood VIC 3184

8
4
4
Block of units
Danielle HorneDanielle Horne, last sold this property on 25 September 2025 after 387 days on market.

Overview

Rare opportunity: Four renovated Art Deco apartments in prime location

A rare and golden opportunity to acquire four fully renovated Art Deco apartments in a highly coveted and sought-after enclave. These large four two-bedroom, one-bathroom residences each boast spacious living and dining areas, generously renovated modern kitchens with stainless steel appliances, and bathrooms equipped with laundry facilities. Two of the apartments also feature charming balconies nestled among the trees. Located in a solid boutique building, each unit showcases high decorative ceilings and classic Deco elements, along with fully lock up car spaces with electronic front and rear gates. This investment offers multiple possibilities: Considerable tax depreciation benefits, gross rental income in excess of $150,000 in the first year with existing rental returns. Positioned in one of the most desirable beachside locations. Situated between Ripponlea village and Point Ormond Reserve, and just a short walk from Elwood Beach, Acland Street, St. Kilda Botanical Gardens, and excellent public transport, this area is renowned for its vibrant lifestyle amenities, including a wide range of eateries, boutique stores, bars, cafés, and more.

Features

8 bedrooms
4 bathrooms
4 carspaces
Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Elwood over the last 12 months.

Property history for 49A Tennyson Street

2025
Sold
Undisclosed
Private Sale/Treaty on 25 Sep 2025 by Danielle Horne, of Kay & Burton Stonnington
2024
Rented
Undisclosed
Leased on 13 Nov 2024 by Whiting & Co Professionals

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 8 bedroom block of units in Elwood

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