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