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Location
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99 Ormond RdELWOOD
- Sold
Key features
- Prime Elwood Village location
- Net rental of $51,638* p.a
- 5 + 5 + 5 year lease
Affordable Entry Level Retail Investment
About this property
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
Available space
| Level | Tenancy | Sale Type | Price | AreaSqm | Status |
|---|---|---|---|---|---|
| n a | Auction | 62.00sq m | Sold |