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111 Brighton Road Cnr Milton Street, Elwood, VIC, 3184
Elwood
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 Tuesday 29th April at 12pm.
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 TUESDAY 29TH APRIL AT 12PM.
*Approx.
Remember to mention you found this property on CommercialReady
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 Tuesday 29th April at 12pm.
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 TUESDAY 29TH APRIL AT 12PM.
*Approx.
Remember to mention you found this property on CommercialReady
111 Brighton Road Cnr Milton Street, Elwood, VIC, 3184
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
