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99 Ormond Road
Elwood VIC 3184
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Sold on 30 Aug 2023

99 Ormond Road Elwood VIC 3184

  • Shop & Retail
  • 62 m²
  • Sold

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

SOLD

For further information please contact:

Tim Grant 0478 666 275
Julian Heatherich - 0412 995 655
Tanya Su 0430 302 950

Property Highlights

Date Sold30 Aug 2023
Floor Area62 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2018677433
Category
Last updated  30 Aug 2023
Map for 99 Ormond Road Elwood VIC 3184

Property Highlights

Date Sold30 Aug 2023
Floor Area62 m²
Land AreaAsk Agent
ParkingOn site parking available
Property ID2018677433
Category
Last updated  30 Aug 2023
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000

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