Do you like to entertain…………..do you like to live alternatively……….are you a bit careful and smart with money?
When describing a home, we often drill down into the brilliant floorplan features and we will. However, first, about Elwood – the best of Elwood and then we get into the specifics of Foamo – this ready to move in 3,4 or 5 bedder/study (your call), 3 bathroom, 2 car home.
5 of Melbourne’s biggest sales recently have been in the suburb of Albert Park – by the Bay, like Elwood, ten minutes away. Basically, each one of these sales was around or over $10,000,000 and two were on 300 plus sq metres – similar land size to Foamo (304 sqm). They were half those prices, only a few years ago.
Lifestyle is the future of Melbourne. The Bay is where it’s happening – its Melbourne’s future and possibly yours.
Foamo – by the Bay – 500 metres from the water in arguably Elwood best street – tree lined, fewer apartment blocks, less traffic – AND a key argument – at a fraction of the cost of Albert Park, a fraction of almost anywhere else this close to the city.
In Elwood there are some rarities and Foamo is one of them. A beautifully architecturally designed Nic Wright home, with a floorplan that is universal in its appeal (as you will see). A recent sale, but in a poorer street (some say), on similar land size produced a competitive pre-auction $3,400,000.
How does that stack up in this, the same market? Garaging was inferior (shared), was over 3 levels and not 2 like Foamo, short a study/bedroom and many less options – however same architect – the home’s pedigree has a following. As well that home was on the south side of an east west pair, whereas Foamo is on the north side (for the sun) AND you do not see your neighbour.
Foamo is also ready to move-in. Nothing to do.
Own land, 4 bedrooms and a study or 3 bedrooms and 2 study spaces – an above average (by inner Melbourne standards) indoor / outdoor entertaining or living area, pool, double garage (a real one, with space to spare) and well designed, central kitchen.
That’s the basics, the extras are the architectural pieces of large electric doors, waterfall feature window, huge natural timber wall, gas fireplace and courtyards. Speaking of the natural timber wall – it’s beautiful, but for more light, due it is northerly location I would open it up (easily and inexpensively) at a few light points and let even more light stream in.
Is Foamo for you?
A wonderful home that would meet the requirements of a lock’n’leave couple – all the way up to a bigger family (as lives there now). Make it your own with some minor changes or leave as is and simply enjoy all Elwood has to offer. A few hundred metres from Combi, Leaf Organic or any of Ormond Road’s great coffee shops. Oooh! and Repeat Offender – at the end of the street – I will see you there on a balmy night for a wonderful open-air tapas and a cold beer.
Elwood has always been a bit alternative, the movie stars, sporting legends, IT gurus and so on – but more than the fame, Elwood has been alternative smart. Not the price of Albert Park, not the Briiii of Brighton – just a really good place to live, a real village, a place by the beach – close to Melbourne, all public and private schools – a place of great food and close to the now being built huge and soon to be a Melbourne icon, Elwood Nature Reserve (walk it and check it out) – This home, Foamo is one of the best in terms of 21st Century flexibility and one of the best located homes within Elwood.
Great area, great street, great home by any Inner Melbourne standard – Foamo it may be for you.