Shop 1, 122 Ormond Road,
Elwood, VIC 3184
Shops & Retail
Price information
Sold
$990,000
Key property information
Floor area
Car spaces
Municipality
Sold on
Map of Shop 1, 122 Ormond Road
Hot Investment – Boasting a 5.42% return and tenant pays outgoings.
Prime Elwood Village retail premises securely leased to well known Elwood village Thai Restaurant.
• Tenant has exercised their further option taking the lease to 14/5/2021. Current secure Lease until 14th May 2014 for $59,703.05 per annum plus GST & Outgoings.
• One additional 7 year option – 15/5/2021-14/5/2028
• 3% annual increases.
• Approx 89sqm
• Off street parking for 2 cars
• Tenant has exercised their further option taking the lease to 14/5/2021. Current secure Lease until 14th May 2014 for $59,703.05 per annum plus GST & Outgoings.
• One additional 7 year option – 15/5/2021-14/5/2028
• 3% annual increases.
• Approx 89sqm
• Off street parking for 2 cars
Property ID: 500595863Last Updated: 22 Dec 2016
03 9531 12...
Shop 1, 122 Ormond Road
Elwood, VIC 3184
Chisholm and Gamon - Elwood90 Ormond Rd
ELWOOD, VIC 3184
ELWOOD, VIC 3184
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