26-28 Ormond Road Elwood VIC 3184

*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).