124 Glen Huntly Road, Elwood, Vic 3184

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Block Of Units
Type
18
Bedrooms
12
Bathrooms
735 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 124 Glen Huntly Road, Elwood, Vic 3184)

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

A rare investment opportunity in a sought-after bayside suburb offering 12 well-maintained units on a generous 735 sqm block with excellent amenities and rental returns.

🏡 Property Highlights

  • Prime bayside location in Elwood, close to Elwood Beach and parks
  • Well-positioned apartment block with 12 units (6 x two-bedroom, 6 x one-bedroom)
  • Generous 735 sqm land with General Residential zoning (GRZ)
  • High rental income of $206,499 per annum with zero vacancy
  • Excellent on-site parking accessible off Glen Huntly Road and R.O.W.
  • Short walk to vibrant shopping villages, cafes, and restaurants

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Balcony
  • Garage
  • Home Office / Study
  • Ensuite
  • Air Conditioning

Elwood is a highly desirable bayside suburb renowned for its vibrant community, beautiful beaches, and lush parks. It offers excellent public transport links, a lively shopping and dining scene, and proximity to Melbourne’s CBD. The area is perfect for lifestyle-focused residents and investors seeking a thriving, well-established locale with strong growth potential.

What is the current condition of the units and common areas?
The units are well-maintained, and the property is in excellent condition, ready for immediate occupancy or further development.
Are there any existing planning permits or development approvals in place?
The property is zoned General Residential (GRZ), and interested buyers should verify any development potential with local council.
What are the future growth prospects for this area?
Elwood's strong demand for bayside living, ongoing infrastructure improvements, and proximity to Melbourne CBD suggest promising growth potential.
Is there any ongoing maintenance or upcoming capital works?
Currently, there are no known major maintenance issues; however, prospective buyers should conduct their own inspections.
What are the nearby amenities and transport options?
The property is close to Elsternwick Park, shopping villages, cafes, restaurants, and public transport including Elsternwick Station and bus routes.
Are there any zoning restrictions or easements that could affect future development plans? Have any recent inspections revealed structural issues or defects? Are there any planned nearby developments or construction activities that could impact the property? What are the council rates and any additional levies or fees? Is the property compliant with all local building codes and regulations? Are there any flood or bushfire risks associated with the location? What are the terms of the current tenancy agreements, if any? Are there any restrictions on future modifications or renovations? Is there any history of pest infestations or environmental concerns? What are the details regarding the existing on-site parking arrangements and access?

124 Glen Huntly Road, Elwood, Vic 3184 - More Details

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Type
Block Of Units
Bedrooms
18
Bathrooms
12
Area
735 m²

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