Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back

111 Brighton Road Cnr Milton Street, Elwood, VIC, 3184

+14 Photos
/
Images
Close

111 Brighton Road Cnr Milton Street, Elwood, VIC, 3184

Elwood

×
+16 Photos

111 Brighton Road Cnr Milton Street, Elwood, VIC, 3184

Elwood

111 Brighton Road Cnr Milton Street, Elwood, VIC, 3184

111 Brighton Road Cnr Milton Street, Elwood, VIC, 3184

Properties / Buy / Victoria / Elwood
Tenanted Investment

1. Property Summary

Selling Method
Auction
Selling Details
Contact Agent
Land Area
376 m² (*approx)
Floor Area
390 m² (*approx)
Property Type
Retail
Show All

2. Property Highlights

TOP SHELF CORNER INVESTMENT – NEW LEASE TO VINTAGE CELLARS
  • Subsidiary Tenant of Listed Coles Group
  • Rental Growth Potential
  • Combined Street Frontage of 43 Metres*

Fitzroys is delighted to offer for sale this top shelf freehold investment located on the prominent corner of Brighton Road and Milton Street in the highly popular bayside suburb of Elwood via on-site Auction Wednesday 16th April at 12.30pm.

This outstanding opportunity provides investors with the rare chance to acquire a high exposure corner site with the benefit of a renewed lease to a subsidiary Tenant of ASX listed Coles Group plus a separate spacious first floor apartment.

The key attributes of this opportunity include:

- Renewed 5 year lease from December 2024 to longstanding Tenant – Vintage Cellars (occupied the site since 2014)

- Irreplaceable land holding of 376sqm* with exceptional frontage of 12.64 metres* to Brighton Road and 30.48 metres* to Milton Street plus side and rear road access

- Immaculate Vintage Cellars corporate fit out with rear loading access plus separate first floor spacious and renovated 3-bedroom, 2 bathroom apartment suitable for owner occupation

- Strong Rental growth potential from both tenancies

- On-site parking included and entered from Milton Street

- Servicing the large local catchment of suburbs including St Kilda, Elsternwick, Balaclava and excellent exposure to those travelling into the CBD

-Excellent transport connectivity via the 67 and 78 tram providing access to the CBD and popular Chapel Street shopping precinct

111 Brighton Road Elwood provides an outstanding opportunity to acquire an unrivalled corner freehold investment with the benefit of a strong lease covenant with potential for future rental growth from two separate income streams

Conjunctional Agent: Tim McDermott, Commvest Management 0419 360 790

FOR SALE BY PUBLIC ON SITE AUCTION WEDNESDAY 16TH APRIL AT 12.30PM.

*Approx.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment
Tenanted Investment

1. Property Summary

Property Type
Retail
Land Area
376 m² (*approx)
Floor Area
390 m² (*approx)
Selling Method
Auction
DATAROOM AVAILABLE
Gain Access
Auction Date
16 Apr 2025 12:30PM
Selling Details
Contact Agent

2. Property Highlights

TOP SHELF CORNER INVESTMENT – NEW LEASE TO VINTAGE CELLARS
  • Subsidiary Tenant of Listed Coles Group
  • Rental Growth Potential
  • Combined Street Frontage of 43 Metres*

Fitzroys is delighted to offer for sale this top shelf freehold investment located on the prominent corner of Brighton Road and Milton Street in the highly popular bayside suburb of Elwood via on-site Auction Wednesday 16th April at 12.30pm.

This outstanding opportunity provides investors with the rare chance to acquire a high exposure corner site with the benefit of a renewed lease to a subsidiary Tenant of ASX listed Coles Group plus a separate spacious first floor apartment.

The key attributes of this opportunity include:

- Renewed 5 year lease from December 2024 to longstanding Tenant – Vintage Cellars (occupied the site since 2014)

- Irreplaceable land holding of 376sqm* with exceptional frontage of 12.64 metres* to Brighton Road and 30.48 metres* to Milton Street plus side and rear road access

- Immaculate Vintage Cellars corporate fit out with rear loading access plus separate first floor spacious and renovated 3-bedroom, 2 bathroom apartment suitable for owner occupation

- Strong Rental growth potential from both tenancies

- On-site parking included and entered from Milton Street

- Servicing the large local catchment of suburbs including St Kilda, Elsternwick, Balaclava and excellent exposure to those travelling into the CBD

-Excellent transport connectivity via the 67 and 78 tram providing access to the CBD and popular Chapel Street shopping precinct

111 Brighton Road Elwood provides an outstanding opportunity to acquire an unrivalled corner freehold investment with the benefit of a strong lease covenant with potential for future rental growth from two separate income streams

Conjunctional Agent: Tim McDermott, Commvest Management 0419 360 790

FOR SALE BY PUBLIC ON SITE AUCTION WEDNESDAY 16TH APRIL AT 12.30PM.

*Approx.

Remember to mention you found this property on CommercialReady

Read More
Dataroom
Tenanted Investment

4. Property Location

111 Brighton Road Cnr Milton Street, Elwood, VIC, 3184

Property Map
111 Brighton Road Cnr Milton Street, Elwood, VIC, 3184 Elwood
Enquire
calculator-icon Yield Calculator
calcultor-icon Yield Calculator