17 Gladstone Parade, Elsternwick, Vic 3185

$2,200,000 - $2,400,000

House
Type
3
Bedrooms
1
Bathrooms
3
Parkings
780 m²
Area

Last updated on Friday, July 31, 2026 ( See property details for 17 Gladstone Parade, Elsternwick, Vic 3185)

$2,200,000 - $2,400,000

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

A rare redevelopment opportunity in Elsternwick's premier street, offering endorsed plans for two luxurious town residences on a level 780m² site with existing income potential.

🏡 Property Highlights

  • Prestigious location on Elsternwick's most sought-after street
  • Level 780m² site with 18.2m frontage for development
  • Endorsed plans for two luxurious high-end town residences
  • Existing home providing holding income during planning
  • Close to Wesley Junior College, Hopetoun Gardens, and fashionable cafes
  • Rare redevelopment opportunity in Melbourne's coveted bayside area

✨ Key Features

  • Open-Plan Living
  • Elevator
  • Waterfront / Views
  • Built in robes
  • Outdoor Area
  • Secure Parking
  • Garage
  • Pet-Friendly
  • Floorboards
  • Ensuite
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17 Gladstone Parade
Elsternwick, VIC 3185
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Vertical aerial view — 17 Gladstone Parade
17 Gladstone Parade — Vertical Aerial  •  Elsternwick, VIC 3185  •  Nearmap © 2026

Elsternwick is a highly sought-after bayside suburb renowned for its historic charm, vibrant cafes, and boutique shopping. It offers excellent transport links to Melbourne CBD, proximity to parks like Hopetoun Gardens, and a family-friendly community atmosphere. The area boasts a mix of period mansions and modern developments, making it ideal for discerning buyers and developers alike.

What are the approved plans for the development on this site?
The endorsed plans include two luxurious high-end town residences, each with three bedrooms, a study and study alcove, three bathrooms, expansive living and garden areas, elevator access, and ample off-street parking.
Is the existing home currently leased, and what income does it generate?
Yes, the existing home is leased to an established tenant, providing a holding income while planning and development are underway.
What are the key features of the proposed town residences?
The proposed residences feature three bedrooms, a study and study alcove, three bathrooms, large living and garden areas, elevator access, and secure off-street parking.
What makes this location particularly desirable?
The property is situated on Elsternwick's most prestigious street, within walking distance to Wesley Junior College, Hopetoun Gardens, fashionable cafes, boutiques, and excellent transport options to Melbourne CBD.
Are there any restrictions or approvals required for redevelopment?
The endorsed plans have already received approval, but further development approvals or permits may be required depending on the scope of construction and local council regulations.
Are there any additional costs or fees associated with the development approval process? Are there any zoning restrictions or easements affecting the property? What are the potential costs for site preparation or demolition? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any upcoming planning or construction projects nearby that could impact the property’s value or livability? What are the strata or body corporate considerations if applicable? Are there any restrictions on property modifications or extensions? Is the property compliant with all local building codes and regulations? What are the long-term maintenance costs for the existing structures? Are there any known issues with the existing home or land that require attention?

17 Gladstone Parade, Elsternwick, Vic 3185 - More Details

$2,200,000 - $2,400,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
3
Area
780 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 8 Aug 12:45 pm

    Saturday 8 August
    12:45 pm - 1:15 pm
  • Inspection Sun 9 Aug 12:45 pm

    Sunday 9 August
    12:45 pm - 1:15 pm

Auctions

  • 17 Gladstone Parade, Elsternwick, Vic 3185

    Saturday 15 August
    12:00 pm
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