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This exquisite block of 6 x 2-bedroom apartments, to be sold as one, presents a remarkable opportunity. Situated on a generous 579-square metre (approximate) allotment in a sought-after blue-chip location, the entire building has undergone a recent renovation to the highest standard with no expense spared. Each residence now showcases brand new stone bench tops, premium appliances, and updated fixtures and fittings throughout. Spread across 3 levels, with 2 apartments on each level. The ground floor residences are spoilt with massive wrap around courtyards with stunning landscaping. Each residence boast a sophisticated living room with balcony, a well-appointed kitchen with a meals area, a separate bathroom, and convenient washing machine taps. With 4 off-street car spaces accessed via ROW at the rear, this property offers convenience and exclusivity. Investors can enhance their portfolios with new secure tenancies in place providing potential for a lucrative income, depreciation benefits and no more renovation or constant maintenance headaches. Alternatively, developers will be inspired by the prime location, just meters from the beach and on the cusp of Elwood and St Kilda, to envision and construct future value additions (STCA). The wide street frontage, northern sunshine at the front, and proximity to St Kilda Marina, Riva, the foreshore's bike and walking tracks, St Kilda Botanical Gardens, Acland Street shops, and Elwood Village make this an irresistible opportunity. Don't miss out on this exceptional offering!