High Exposure Elwood Opportunity

Morley is pleased to offer for sale 103-109 Brighton Road, Elwood, a substantial investment opportunity in one of Melbourne’s most desirable bayside suburbs.

Two titles to be sold as one
Combined income $191,394.50 p.a. from two quality tenants
Significant 18+ metre frontage
Land area of 551 sqm* providing future development options
Rear access via Milton Street with on site parking
Busy Brighton Road retail precinct servicing Elwood, St Kilda, Balaclava & Elsternwick
Surrounded by high quality businesses including Chemist Warehouse, Liquorland, Australia Post, Medical One and various medical / health related businesses

103-105 Brighton Road:
Current lease to Fliteboard, owned by NYSE listed Brunswick Corporation
Future owner occupier potential
310 sqm of high quality space over two levels
Features include open plan space, prominent boardroom, numerous glass partitioned offices & huge signage potential

107-109 Brighton Road:
Leased to Pando Society, Elwood’s hub for health & wellness
Recently renewed 5 year lease term
Fully renovated building featuring numerous consulting rooms, yoga / pilates studio and outdoor sauna / plunge pool

For Sale by on site Auction on Wednesday 1st April at 1pm