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Savills - Melbourne

99 Ormond Road Elwood, VIC 3184

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99 Ormond Road,
Elwood, VIC 3184

Shops & Retail

Price information

Sold

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Key property information

Floor area

Tenure type

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Savills - Melbourne
Tim Grant
Julian Heatherich
Tanya Su

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
99 Ormond Road
Elwood, VIC 3184

Map of 99 Ormond Road

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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 2...
Julian Heatherich - 0412 995 6...
Tanya Su – 0430 302 9...

Property ID: 504383844Last Updated: 31 Oct 2023

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