12/125 Tennyson Street, Elwood VIC 3184

Top floor renovated one-bedder | Elwood lifestyle pocket | off-street car space | strong rental comparables in building This unit occupies a clear competitive position within its price band: a fully renovated top-floor apartment with a dedicated car space in a sought-after Elwood location. For the buyer, that means no compromise on finish or parking—two factors that typically constrain entry-level apartments in this area. The building’s turnover history, including a recent comparable sale at $375,000 and rental evidence around $450 per week, supports both capital stability and rental demand. This property suits an investor seeking low-maintenance exposure to inner-bayside living, or a first-home buyer wanting a turnkey home with lifestyle amenity and walkability. The primary risk is the 1-bedroom configuration, which limits long-term capital growth relative to larger dwellings in the same complex. Body corporate fees are not disclosed and could materially reduce net yield; these must be confirmed before proceeding. On opportunity, the top-floor renovation and car space give this unit an edge over other one-bedders in the building, and the absence of flood or heritage overlays removes two common planning concerns. For a buyer, hold this property as a steady rental performer or a convenient owner-occupier base, but do not expect above-market appreciation.