11/45 Ormond Esp, Elwood is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1073m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Positioned on the top-floor at the rear of the building this original and oversized mid-century apartment with both water and city views is a unique opportunity being offered for the first time in four decades.
A central hallway giving house-like separation and proportions connects to a spacious original kitchen with a convenient meals area, an expansive separate living area with balcony and bay/city views, two very generous double bedrooms with built in robes and private balcony, study nook, a huge original bathroom with separate bath and shower plus laundry facilities - all sprawled across 86m2* and boasting a rare 2.8m* ceiling height.
In this mid-century building with marble terrazzo communal spaces and secure intercom access, this beachside beauty is one of only eleven apartments. Although liveable in its current form, this property will suit savvy renovators looking for a project with very good bones and excellent opportunity. It must be seen to be believed!
Key-points:
1970's Triple brick construction.
Top floor & rear of the building.
80m2 approx internal + 6m2 approx balcony.
Rare 2.8m ceiling height.
Original form (in need of extensive renovation, but currently liveable).
Undercover parking on title for one vehicle.
Two balconies both with views of Elwood's rooftops, CBD, and Elwood Beach views.
Elwood Golden Mile location central to everything the Elwood lifestyle provides.
Boutique building of only eleven apartments.
First time offered in four decades.
Flexible settlement available.
The size of Elwood is approximately 2.6 square kilometres. It has 14 parks covering nearly 14.0% of total area. The population of Elwood in 2016 was 15543 people. By 2021 the population was 15153 showing a population decline of 2.5% in the area during that time. The predominant age group in Elwood is 30-39 years. Households in Elwood are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elwood work in a professional occupation.In 2021, 46.90% of the homes in Elwood were owner-occupied compared with 41.90% in 2016.
Elwood has 10,278 properties. Over the last 5 years, Houses in Elwood have seen a -0.38% decrease in median value, while Units have seen a 3.91% increase. As at 31 March 2026:
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