+13 Photos

SOLD

99 Ormond Road, Elwood, VIC, 3184

Properties / Sold / Victoria / Elwood

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Contact the Melbourne Commercial Experts

Floor Area

62 m² (*approx)

Property Type

Retail

Sub-type

Mixed Use

Terms

5 + 5 + 5 year lease commenced 2nd of July 2021

Est. Income

$51,638 p/a

Fully Leased

Elwood Flower

Show All

2. Property Highlights

Affordable Entry Level Retail Investment

Prime Elwood Village location
Net rental of $51,638* p.a
5 + 5 + 5 year lease

Savills is delighted to offer for sale this affordable investment opportunity located in the popular Ormond Village retail precinct.

Key attributes of the property include:

• Prime retail investment in a highly sought-after busy Elwood strip

• Secure lease to “Elwood Flowers” returning $51,638* p.a + GST & outgoings with 9-months security deposit

• 5 + 5 + 5 year lease commenced 2nd of July 2021

• One (1) secure basement car space on title

• Prominent Ormond Road location surrounded by an array of renowned national retailers

• Conveniently located within walking distance of Elwood Beach & Elsternwick Park, attracting substantial foot traffic

*Approximate

For Sale by Auction Wednesday 30 August a 12:30pm on-site.

For further information please contact:

Tim Grant – 0478 666 275

Julian Heatherich - 0412 995 655

Tanya Su – 0430 302 950

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Retail

Sub-type

Mixed Use

Est. Income

$51,638 p/a

Tenant

Elwood Flower

Terms

5 + 5 + 5 year lease commenced 2nd of July 2021

Floor Area

62 m² (*approx)

Selling Method

Auction

Auction Date

30 Aug 2023 12:30PM

Add to calendar

Selling Details

Contact the Melbourne Commercial Experts

2. Property Highlights

Affordable Entry Level Retail Investment

Prime Elwood Village location
Net rental of $51,638* p.a
5 + 5 + 5 year lease

Savills is delighted to offer for sale this affordable investment opportunity located in the popular Ormond Village retail precinct.

Key attributes of the property include:

• Prime retail investment in a highly sought-after busy Elwood strip

• Secure lease to “Elwood Flowers” returning $51,638* p.a + GST & outgoings with 9-months security deposit

• 5 + 5 + 5 year lease commenced 2nd of July 2021

• One (1) secure basement car space on title

• Prominent Ormond Road location surrounded by an array of renowned national retailers

• Conveniently located within walking distance of Elwood Beach & Elsternwick Park, attracting substantial foot traffic

*Approximate

For Sale by Auction Wednesday 30 August a 12:30pm on-site.

For further information please contact:

Tim Grant – 0478 666 275

Julian Heatherich - 0412 995 655

Tanya Su – 0430 302 950

Remember to mention you found this property on CommercialReady

99 Ormond Road, Elwood, VIC, 3184 Elwood

Savills Melbourne

80, Collins Street, Melbourne, Victoria, Australia, 3000

View Agency Profile

Julian Heatherich

+61 *** *** *** show +61 412 995 655

Tanya Su

+61 *** *** *** show +61 430 302 950

Tim Grant

+61 *** *** *** show +61 478 666 275

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

99 Ormond Road, Elwood, VIC, 3184