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Chisholm and Gamon - Elwood

26-28 Ormond Road Elwood, VIC 3184

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26-28 Ormond Road,
Elwood, VIC 3184

Shops & Retail • Offices • Other

Price information

Sale - Auction

$1,850,000 - $1,950,000

Under Contract

Detailed listing

Key property information

Land area

Floor area

Car spaces

Tenure type

Private inspections

to arrange a private inspection.
Chisholm and Gamon - Elwood
Sam Gamon
Rhianna Hoyle

Chisholm and Gamon - Elwood

90 Ormond Rd
ELWOOD, VIC 3184
Chisholm and Gamon - Elwood
26-28 Ormond Road
Elwood, VIC 3184

Detailed listing

Map of 26-28 Ormond Road

Directions

Two Shops, Two Apartments & Future Potential

*Business as Usual*

Presenting buyers with an unrivalled opportunity to live, work and lease in a truly vibrant locale, this combined commercial/residential package comes with two highly visible shopfronts and two apartments all on one title – and all with an enviable address in the heart of beachside Elwood.

Both shopfronts face Ormond Road and benefit from substantial foot and vehicle traffic. Each space features a shopfront, office/consultation area, kitchenette, access to bathroom facilities, and parking along with heating/cooling.
• Shop #26 (MOR): 24 sqm (approx.)
• Shop #28 (Studio CoBe): 40 sqm (approx.)
• Apt #1 (1st floor): 78 sqm (approx.)
• Apt #2 (Gnd floor): 57 sqm (approx.)

The commercial premises are each currently tenanted, with businesses operating as usual. Apartment #1 is currently vacant whilst Apartment #2 is rented (periodic lease)

Both apartments are accessed via Byrne Ave. The upper-level residence has been fitted with new carpets and includes a sunny north-facing lounge and bedroom, dining area, tree-view study, kitchen and bathroom along with split system heating/cooling. The ground-floor apartment features two bedrooms, a lounge, kitchen and bathroom.
With access via Byrne Ave and Ormond Road, along with the bonus of rear laneway access (for potential extra parking), the full 252sqm (approx) site also comes with a good-sized, communal rear yard with secure parking and shared laundry provisions.
And while the existing configuration will appeal as is, there is also the potential to extend up and out, subject to council approval. You may also choose to explore the possibility of reimagining the residential spaces to suit your own needs/requirements, while still enjoying an income from the two ground-floor premises (also STCA).

Property ID: 504702448Last Updated: 23 Dec 2024

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