166 Tennyson Street, Elwood, Vic 3184

For Sale

166 Tennyson Street, Elwood, Vic 3184-Image

166 Tennyson Street, Elwood, Vic 3184-Floorplan

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Published on Tuesday, June 30, 2026 ( See property details for 166 Tennyson Street, Elwood, Vic 3184)

Inspection by Appointment

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James Meldrum - Real Estate Agent - RT Edgar - Elwood

James Meldrum Licensed Estate Agent

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AI Property Insight

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

A versatile mixed-use property in Elwood offering immediate income, flexible residential living, and future growth potential in a prime bayside location.

🏡 Property Highlights

Mixed-use freehold with established laundromat business
Long-term lease secured for commercial premises (5 + 5 years)
Versatile two-bedroom residential accommodation with private entrance
Prime location within walking distance to Elwood Village, cafés, and the beach
Potential for future growth and value-add (STCA)
Rear lane access enhancing convenience for both commercial and residential components

✨ Key Features

Open-Plan Living
Built-in Robes
Outdoor Area
Waterfront / Views
Secure Parking
Home Office / Study
Ceiling Fans
Open-Plan Living
Waterfront / Views
Open-Plan Living

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166 Tennyson Street

Elwood, VIC 3184

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Suburb and Property Insights of Elwood, VIC 3184

Elwood is a highly sought-after bayside suburb renowned for its vibrant village atmosphere, proximity to the beach, and excellent cafes and public transport. It offers a relaxed coastal lifestyle combined with strong community amenities, making it ideal for both owner-occupiers and investors. The area boasts significant future growth potential, supported by ongoing development and infrastructure improvements. Its desirable location ensures consistent demand and long-term value appreciation.

Frequently Asked Questions

What are the current income streams from this property?

The property includes a well-established laundromat business leased to a long-term tenant, providing stable income, along with residential rental potential.

Is there potential for development or expansion on this property?

Yes, there is future growth and value-add potential (STCA), subject to council approval and planning regulations.

What amenities are nearby?

The property is within walking distance to Elwood Village, cafés, public transport, schools, and the beach, offering a highly convenient lifestyle.

What is the condition of the residential accommodation?

The residence features spacious, flexible living areas with two bedrooms, a sunroom, separate living and family rooms, and a well-appointed kitchen, all in good condition.

Are there any restrictions or covenants on the property?

Details regarding restrictions or covenants are not specified; potential buyers should conduct due diligence with local authorities.

What to ask about this property to agent?

Are there any upcoming planning or development applications in the area that could affect the property's value? What are the zoning regulations and any restrictions for future modifications or expansions? Are there any known issues with the property's structure, plumbing, or electrical systems? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? What are the terms and conditions of the current lease for the laundromat, and are there any upcoming lease expirations or rent reviews?

166 Tennyson Street, Elwood, Vic 3184 - More Details

Inspection by Appointment

Type: House
Bedrooms: 5
Bathrooms: 2
Parkings: 2

Price guide

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166 Tennyson Street, Elwood, Vic 3184 - Point Of Interest

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166 Tennyson Street, Elwood, Vic 3184

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