160 Tennyson Street,
Elwood, VIC 3184

An outstanding opportunity in a tightly held bayside position, this property offers excellent returns via a long-term tenant. Within the boutique Tennyson St shopping strip, favoured by locals and visitors to the area alike for its welcoming neighbourhood charm and peaceful leafy surrounds. Comprises prominent street frontage and spacious interiors, with the current onsite business trading as a well-patronised pizza shop. A rare chance to purchase amidst this prized set of shops and businesses between the arterial thoroughfare of Brighton Rd and the beautiful beaches of Port Phillip Bay.

Income: $43,709 (plus GST) per annum
Land area: 159sqm approx.
Building area: 146sqm approx.
Lease term: Six (6) years commencing 1st of June 2014
Further terms: One further term of four (4) years