Property Details for 156 Tennyson St, Elwood
Last Listing description (November 2020)
THE WORK'S DONE. TASTE SUCCESS
St Kilda-styled, expertly appointed & positioned at the heart of the tightly held Tennyson St strip, this dual-shopfront has been in operation as a cafe & licensed bar since June 2018 now it needs a clever operator take it from strength to strength. See the value in this high-quality fit-out here. Secure a centre-stage position in this highly sought strip. Take over this established lease & take this bar/cafe to this next level.
Well-designed workspaces to suit every style of food offer
On-going 7-day a week liquor licence for 33 internal seats.
Separate preparation kitchen, cool room & storeroom.
Bespoke styled service & bar area with good counter space & display shelving
Dual-WC facilities with a similarly stylish finish
Additional storage in a fully lined attic-level
Fully furnished with a mix of cafe & bar-height seating
Offered with complete package of fittings & chattels by negotiation
Boutique strip; rarely offered & always ready to reward
High-density, high-discretionary income locale
On the walk to the CBD tram & Elwood Primary School
Lease in place until June 2022
2 x 4-year options inviting occupation until June 2030
All the hard work's been done, now it's your turn to skim off the crema!
For further details or to arrange an inspection please contact our agents.
*All sizes are approximate
*All figures are GST exclusive unless otherwise stated.
This estimate of the net internal area of the premises is indicative only and should not be relied upon and is not a substitute for undertaking precise measurements of the premises.
Property History for 156 Tennyson St, Elwood, VIC 3184
- 06 Dec 2019Listed for Rent $65,000 pa ++
- 17 Aug 2017Sold - Price Undisclosed
- 19 Jul 2017Listed for Sale Contact Agent
Recent sales nearby
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About Elwood 3184
The size of Elwood is approximately 2.6 square kilometres. There are 14 parks, covering nearly 14.0% of the total area. The population of Elwood in 2016 was 15543 people. By 2021 the population was 15153 showing a population decline of 2.5% in the area during that time. The predominant age group in Elwood is 30-39 years. Households in Elwood are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elwood work in a professional occupation.In 2021, 46.90% of the homes in Elwood were owner-occupied compared with 41.90% in 2016.
Elwood has 10,273 properties. Over the last 5 years, Houses in Elwood have seen a -4.21% decrease in median value, while Units have seen a -0.43% decrease. As at 30 June 2026:
- The median value for Houses in Elwood is $2,221,265 while the median value for Units is $697,164.
- Houses have a median rent of $1,070 while Units have a median rent of $600.
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