{"Slug":"house-166-tennyson-street-elwood-vic-3184","CanonicalUrl":"https://realsearch.com.au/house-166-tennyson-street-elwood-vic-3184","Address":"166 Tennyson Street, Elwood, Vic 3184","Suburb":"Elwood","State":"VIC","Postcode":"3184","PropertyType":"House","Status":"For Sale","Headline":null,"Description":"An outstanding opportunity to acquire a tightly held mixed-use freehold in one of Elwood's most desirable and thriving locations.Positioned prominently at 166 Tennyson Street, Elwood, this versatile property combines a well-established laundromat business with unique residential accommodation above, delivering immediate income and long-term investment security.The ground-floor commercial premises are leased to a quality long-term tenant on a secure 5 + 5-year lease, providing strong holding income for investors. Rear lane access further enhances convenience and functionality for both the commercial and residential components.Above, the property features a spacious and versatile two-bedroom residence with its own private entrance. The accommodation comprises two generous bedrooms, a light-filled sunroom, separate living and family rooms, a central bathroom, and a well-appointed spacious kitchen. Offering generous proportions and a flexible layout, the residence provides a comfortable and private living environment, ideal for owner-occupiers or as an additional investment opportunity.Located within walking distance of Elwood Village, cafés, public transport, schools and the beach, this is a rare opportunity to secure a blue-chip bayside asset with multiple income streams and future potential.Excellent future growth and value-add potential (STCA)A rare opportunity to secure a flexible investment offering stable income, residential appeal and long-term upside in the heart of Elwood.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Inspection by Appointment"},"Bedrooms":"5","Bathrooms":"2","Parking":"2","Features":[{"Name":"Bedrooms","Value":"5"},{"Name":"Bathrooms","Value":"2"},{"Name":"Carports","Value":"2"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-37.88072109,"Longitude":144.99151694,"Agent":{"Name":"James Meldrum","CanonicalUrl":"https://realsearch.com.au/agent/james-meldrum-5"},"Agency":{"Name":"RT Edgar - Elwood ","CanonicalUrl":"https://realsearch.com.au/agency/rt-edgar-elwood"},"CreatedAt":"2026-06-30T07:53:58.7184795","UpdatedAt":"2026-06-30T07:53:59.2252029"}