1-4/47 Broadway, Elwood VIC 3184

Property Details: • Type: Block of Units

• Bedrooms: 8 • Bathrooms: 4

Description: 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.