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61 Tennyson Street, Elwood, VIC 3184

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61 Tennyson Street, Elwood, VIC 3184

Elwood

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61 Tennyson Street, Elwood, VIC 3184
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61 Tennyson Street, Elwood, VIC 3184

61 Tennyson Street, Elwood, VIC 3184

Properties / Buy / Victoria / Elwood
Development Potential
Property Type
Health/Medical, Residential
Sub Type
Medical, Townhouse Sites
Land Area
918 m² (*approx)
Selling Method
Sale by Negotiation: Contact Agent
DOCUMENTS AVAILABLE
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Exclusive Elwood Development Opportunity with Short-Term Lease to ASX-20 Listed Tenant
  • Prime Corner Development
  • Leaseback to Telstra
  • Triple Net Lease

Gross Waddell ICR, with Charter Keck Cramer acting as Transaction Advisor, is pleased to offer this prime development gem located in an exclusive Elwood pocket. Offering a triple net leaseback to one of Australia’s top 20 listed companies, Telstra, the property presents an extraordinary opportunity to acquire a securely leased investment with ideal development fundamentals (STCA).

• Highly sought-after 918 sqm* landholding in a premium pocket of Elwood

• Comprehensive scheme for townhouses (STCA) and favourably zoned GRZ1

• Benefiting from two (2) street frontages with 68 m* of exposure to both Tennyson Street and John Street

• Leaseback to ASX-listed company Telstra, offering a rare ‘triple net’ lease

• Net income equivalent to 5%* of the purchase price

• Substantial 520 sqm* of gross building area with the ability to reposition the existing structure in the future

• Merely metres to Elwood’s picturesque canals and idyllic beaches

• Premium location, just metres from lively retail precincts including Elwood and Ripponlea retail villages

• Approximately 200 m* to trams and 650 m* to Ripponlea Train Station, providing excellent connectivity

• Elwood boasts a median house price of $2,100,000 (source: REIV) and offers a beautiful bayside lifestyle defined by leafy streets, vibrant cafés, village charm, and the ease of living just moments from the beach and parklands

For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*approx.

Remember to mention you found this property on DevelopmentReady

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Development Potential

61 Tennyson Street Development Site Summary

Property Type
Health/Medical, Residential
Sub-type
Medical, Townhouse Sites
Land Area
918 m² (*approx)
Selling method
Sale by Negotiation: Contact Agent
DOCUMENTS AVAILABLE
Gain Access

Development Site Highlights

Exclusive Elwood Development Opportunity with Short-Term Lease to ASX-20 Listed Tenant
  • Prime Corner Development
  • Leaseback to Telstra
  • Triple Net Lease

Gross Waddell ICR, with Charter Keck Cramer acting as Transaction Advisor, is pleased to offer this prime development gem located in an exclusive Elwood pocket. Offering a triple net leaseback to one of Australia’s top 20 listed companies, Telstra, the property presents an extraordinary opportunity to acquire a securely leased investment with ideal development fundamentals (STCA).

• Highly sought-after 918 sqm* landholding in a premium pocket of Elwood

• Comprehensive scheme for townhouses (STCA) and favourably zoned GRZ1

• Benefiting from two (2) street frontages with 68 m* of exposure to both Tennyson Street and John Street

• Leaseback to ASX-listed company Telstra, offering a rare ‘triple net’ lease

• Net income equivalent to 5%* of the purchase price

• Substantial 520 sqm* of gross building area with the ability to reposition the existing structure in the future

• Merely metres to Elwood’s picturesque canals and idyllic beaches

• Premium location, just metres from lively retail precincts including Elwood and Ripponlea retail villages

• Approximately 200 m* to trams and 650 m* to Ripponlea Train Station, providing excellent connectivity

• Elwood boasts a median house price of $2,100,000 (source: REIV) and offers a beautiful bayside lifestyle defined by leafy streets, vibrant cafés, village charm, and the ease of living just moments from the beach and parklands

For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*approx.

Remember to mention you found this property on DevelopmentReady

Read More
Dataroom
Development Potential
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Alex Ham
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Danny Clark
Danny Clark
+61 *** *** *** show +61 448 066 889
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+61 448 066 889 [email protected] Message
Alex Ham
Alex Ham
+61 *** *** *** show +61 410 545 226
Message Message
+61 410 545 226 [email protected] Message
Glenn Ye 叶格林
Glenn Ye 叶格林
+61 *** *** *** show +61 400 880 388
Message Message
+61 400 880 388 [email protected] Message

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61 Tennyson Street, Elwood, VIC 3184

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61 Tennyson Street, Elwood, VIC 3184 Elwood
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Gross Waddell ICR
Gross Waddell ICR
Level 1, 30 Collins Street, Melbourne VIC 3000
Danny Clark
Danny Clark
+61 *** *** *** show +61 448 066 889
Alex Ham
Alex Ham
+61 *** *** *** show +61 410 545 226
Glenn Ye 叶格林
Glenn Ye 叶格林
+61 *** *** *** show +61 400 880 388
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