1-4/9 Daley Street, Elwood, Vic 3184

Block Of Units
Type
12
Bedrooms
4
Bathrooms
4
Parkings

Last updated on Thursday, September 10, 2026 ( See property details for 1-4/9 Daley Street, Elwood, Vic 3184)

$2,200,000 - $2,420,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and spacious block of four apartments in a highly desirable bayside Elwood location, offering immediate income and future development potential.

🏡 Property Highlights

  • Solid brick block of four spacious apartments in a sought-after bayside locale
  • Fully tenanted with immediate income potential
  • Generously proportioned apartments filled with natural light
  • Prime location within walking distance to vibrant shops, cafes, and transport
  • Future scope for renovation or development (STCA)
  • Well-planned layouts with leafy outlooks and ample storage

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Secure Parking
  • Home Office / Study
  • Split System Heating/Cooling
  • Laundry Facilities
  • Balcony
  • Pet-Friendly

Elwood is a highly sought-after bayside suburb renowned for its vibrant cafes, scenic beaches, and relaxed lifestyle. It offers excellent transport links, proximity to parks and recreational areas, and a strong community atmosphere. The area is perfect for investors and owner-occupiers alike, with a mix of historic charm and modern amenities. Its prime location ensures high demand and excellent capital growth prospects. Enjoy the laid-back coastal lifestyle just minutes from Melbourne’s city centre.

What is the current rental income for the property?
The property is currently fully tenanted, providing an immediate income stream, though specific rental figures can be obtained from the selling agent.
Are there any plans for future development or renovations?
The property offers exciting scope for further renovation or development, subject to council approval (STCA).
What are the zoning restrictions for this property?
Zoning details can be confirmed with the local council to understand potential development or renovation opportunities.
Are there any known defects or issues with the property?
A thorough inspection is recommended to assess the condition of the apartments; the current presentation is neat and well-maintained.
What are the strata or body corporate arrangements?
As a block of units, there may be a strata or body corporate; further details can be obtained from the selling agent.
Is the property located in a flood or bushfire risk zone?
Potential buyers should consult local risk maps and council resources to determine any environmental risks.
Are there any upcoming planning or construction activities nearby?
It is advisable to check with local planning authorities for any future developments in the vicinity.
What are the ongoing costs associated with the property?
Ongoing costs may include strata fees, council rates, and maintenance; specific figures should be confirmed with the agent.
Are there any additional costs or fees not included in the listing price? Has the property been inspected for structural issues or pests? Are there any restrictions or easements affecting the property? Is there any history of flooding or environmental hazards in the area? What are the terms of the current tenancy agreements? Are there any planned zoning changes or council developments nearby? Has the property been compliant with all building and safety regulations? Are there any upcoming maintenance or repair works scheduled? Is there any history of disputes or issues with the current tenants? What are the long-term plans for the surrounding neighbourhood?

1-4/9 Daley Street, Elwood, Vic 3184 - More Details

$2,200,000 - $2,420,000

An exciting opportunity awaits with this solid brick block of four spacious apartments, perfectly positioned in a highly sought after bayside locale. Currently fully tenanted, this exceptional Elwood investment delivers an immediate income while also offering exciting future scope to further enhance, renovate or explore the future possibilities the prized location presents (STCA). Generously proportioned & filled with natural light, the four neatly presented apartments – two on the upper level & two on the ground floor – feature well planned, similar layouts. Each apartment comprises an entrance hallway with storage, an expansive living room with leafy outlooks, a separate dining room/optional third bedroom, a functional spacious kitchen with ample storage & meals area, two comfortable bedrooms with built-in robes, a central bathroom with shower, bath, separate toilet & laundry facilities & off street parking at the rear. Some of the apartments feature split system heating/cooling. Ideally located within walking distance to Glen Huntly Road’s vibrant shops, cafes & transport, close to Ormond Road’s popular restaurants & cafes, Elsternwick Oval & the bay. This is a prime investment opportunity in a highly desirable locale.
*This property has been virtually styled using AI-generated furnishings & décor for illustrative purposes only.
Type
Block Of Units
Bedrooms
12
Bathrooms
4
Parkings
4

Price guide

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