25 Sandham StreetElsternwick VIC 3185
Property Details for 25 Sandham St, Elsternwick
25 Sandham St, Elsternwick is a 4 bedroom, 2 bathroom House. The property has a land size of 1746m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Elsternwick in the last 12 months.
Last Listing description (November 2024)
Number 25 Sandham Street on 1746sqm approx presents a pair of classic residences on one title, one featuring four bedrooms and two bathrooms, and the other showcasing four bedrooms, a bathroom and a separately accessed granny flat adding a fifth bedroom and second bathroom to the mix.
Note: 23 Sandham St is also for sale and available as 5 units on one title and 1887sqm approx.
Currently, the comfortably appointed homes 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.
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.
Block 25 | Unit 1 Lounge, dinning, sunroom | 4 bedroom | 2 bathrooms
Current Rental | $1775 per month
Predicted Yield | $690 - $750 per week
Block 25 | Unit 2 Lounge| 4 bedroom | bathroom (AV Jennings home)
With Granny flat at rear | 1 bedroom | 1 bathroom
Current Rental | $2166 per month
Predicted Yield | $800 - $850 per week
- No. 25 showcases 2 classic homes, one with self-contained granny flat
- Ready rental yield with comfortable, well-appointed existing structures
- Close proximity to transport, shopping, dining, and cinemas
- Renovate or rebuild (STCA), an exceptional canvas for discerning developers
Property History for 25 Sandham St, Elsternwick, VIC 3185
- 06 Nov 2024Sold
- 19 Aug 2024Listed for Sale Contact Agent
- 06 Mar 2024Listed for Sale $4,900,000 - $5,390,000
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0About Elsternwick 3185
The size of Elsternwick is approximately 2.6 square kilometres. It has 4 parks covering nearly 3.6% of total area. The population of Elsternwick in 2011 was 9,774 people. By 2016 the population was 10,326 showing a population growth of 5.6% in the area during that time. The predominant age group in Elsternwick is 30-39 years. Households in Elsternwick are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elsternwick work in a professional occupation. In 2011, 63.1% of the homes in Elsternwick were owner-occupied compared with 61.1% in 2016.
Elsternwick has 6,841 properties. Over the last 5 years, Houses in Elsternwick have seen a -0.45% decrease in median value, while Units have seen a -11.55% decrease. As at 30 November 2024:
- The median value for Houses in Elsternwick is $2,112,090 while the median value for Units is $645,912.
- Houses have a median rent of $800 while Units have a median rent of $550.
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