7/25 Foam Street, Elwood, Vic 3184

Neighbouring the green wedge and walking tracks of the Elwood Canal, and securely leased until January 2013, this ground floor 1-bedroom apartment is a superb investment opportunity in an enviable position close to all the attractions of one of Melbourne's most sought-after seaside suburbs. With polished concrete floors and awash with natural light via north-facing windows, the interior comprises of bright living spaces, a kitchen area with tiled splashbacks, a bedroom with built-in robes and a bathroom with laundry facilities. Including intercom entry and secure off-street parking for one car conveniently located adjacent to the entrance, this is a smart and sassy option just a short stroll to the cafes and restaurants along Ormond Rd, the sun-swept expanses of Elwood Beach and the CBD-bound trains at Elsternwick Station.