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23 Sandham Street, Elsternwick, VIC, 3185

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23 Sandham Street, Elsternwick, VIC, 3185

Elsternwick

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23 Sandham Street, Elsternwick, VIC, 3185

Elsternwick

Under Offer
23 Sandham Street, Elsternwick, VIC, 3185

23 Sandham Street, Elsternwick, VIC, 3185

Properties / Buy / Victoria / Elsternwick
Development Potential
Property Type
Residential
Sub Type
Apartment Sites, Townhouse Sites, Land Site
Land Area
1,700 m² (*approx)
LGA
Glen Eira City
Selling Method
$AUD: Private Sale $4,000,000 - $4,250,000
Show All
Ideal north-facing development opportunity or bulletproof investment on 1700sqm approx

Seize an exceptional opportunity to own a sprawling 1700-square metre (approximate title measurements) parcel of land with a coveted north-facing aspect. This extraordinary proposition, on the market for the first time in nearly a century, presents a legacy property held by a single family throughout its history. Encompassing 5 residences, the possibilities are boundless.


At number 23, the collection of Art Deco dwellings includes one three-bedroom home, three two-bedroom homes and one single-bedroom home, each with a bathroom.


Currently, the comfortably appointed properties offer immediate rental yield, but the true value lies in the exciting development prospects and the capacity for transformation. Envision erecting a modern, luxury boutique complex (STCA), to take full advantage of the prestigious position that's merely steps away from Elsternwick Village, with its train station, tram lines, shops, dining, bars, and Classic Cinemas.


Flat 1 $1891.00/mth $22,692.00 pa

Flat 2 $2064.00/mth $24,768.00 pa

Flat 3 $1874.00/mth $22,488.00 pa

Flat 4 $2282.00/mth $27,384.00 pa

Flat 5 $2817.00/mth $33,804.00pa

TOTAL $131,136.00 pa


Whether renovating the current structures or undertaking a comprehensive development, this site is an exceptional canvas for the discerning developer. Such expansive and promising opportunities are exceedingly rare. This is a once-in-a-lifetime invitation to leave an indelible mark and shape the future of an exclusive neighbourhood.

Read More
Development Potential

23 Sandham Street Development Site Summary

Property Type
Residential
Sub-type
Apartment Sites, Townhouse Sites, Land Site
Land Area
1,700 m² (*approx)
Glen Eira City
Selling method
$AUD: Private Sale $4,000,000 - $4,250,000

Development Site Highlights

Ideal north-facing development opportunity or bulletproof investment on 1700sqm approx

Seize an exceptional opportunity to own a sprawling 1700-square metre (approximate title measurements) parcel of land with a coveted north-facing aspect. This extraordinary proposition, on the market for the first time in nearly a century, presents a legacy property held by a single family throughout its history. Encompassing 5 residences, the possibilities are boundless.


At number 23, the collection of Art Deco dwellings includes one three-bedroom home, three two-bedroom homes and one single-bedroom home, each with a bathroom.


Currently, the comfortably appointed properties offer immediate rental yield, but the true value lies in the exciting development prospects and the capacity for transformation. Envision erecting a modern, luxury boutique complex (STCA), to take full advantage of the prestigious position that's merely steps away from Elsternwick Village, with its train station, tram lines, shops, dining, bars, and Classic Cinemas.


Flat 1 $1891.00/mth $22,692.00 pa

Flat 2 $2064.00/mth $24,768.00 pa

Flat 3 $1874.00/mth $22,488.00 pa

Flat 4 $2282.00/mth $27,384.00 pa

Flat 5 $2817.00/mth $33,804.00pa

TOTAL $131,136.00 pa


Whether renovating the current structures or undertaking a comprehensive development, this site is an exceptional canvas for the discerning developer. Such expansive and promising opportunities are exceedingly rare. This is a once-in-a-lifetime invitation to leave an indelible mark and shape the future of an exclusive neighbourhood.

Read More
Development Potential

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23 Sandham Street, Elsternwick, VIC, 3185

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Property Location of 23 Sandham Street, Elsternwick, VIC, 3185

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Developments and amenities within a 5km radius of this Residential opportunity at 23 Sandham Street, Elsternwick, VIC, 3185.

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