CBRE Melbourne are delighted to present for sale a high quality freehold retail investment located in Elwood’s tightly held village located at 81 Ormond Road, Elwood 81 Ormond Road, Elwood presents an extremely rare opportunity to acquire a 2-level fully leased and renovated retail building in one of Bayside’s most popular retail strips. 81 Ormond Road, Elwood can be summarised by the following points: + A rare double storey fully renovated retail building offered to the market fully leased to popular local tenant, ‘Brooklyn Cocktail Bar’ with enormous rental upside + Spanning 187 square metres* of building area across two levels with high quality hospitality fit out including popular first floor function area, outdoor seating permit, rear courtyard and existing liquor licence + Located in one of Melbourne’s most tightly held bayside neighbourhood retail strips in Ormond Road and less than 500m* from Elwood Park & Elwood Beach + Spanning a 289.43 square metre* Commercial 1 Zoned (C1Z) landholding with opportunity for future activation or extension on the rear of the property + Elwood is one of Melbourne’s most affluent and desirable bayside suburbs with a median house price of $2,180,000 (realestate.com.au) 81 Ormond Road, Elwood is offered For Sale via Public on-site Auction Wednesday 4th December 2024 at 12:30pm (AEDT) For further information, or to arrange an inspection please contact the below exclusive sales and marketing agents at CBRE: Alex Brierley +61 447 974 447 [email protected] Nathan Mufale +61 421 224 354 [email protected] Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情) +61 411 059 116 (手机) [email protected] (电子邮件) jheng1206 (微信) *Denotes Approx.
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