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99 Ormond Road, Elwood, VIC, 3184

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

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3. Property Location

99 Ormond Road, Elwood, VIC, 3184