69 Main Street, Mornington

Freestanding Mornington Peninsula investment leased to national retailer
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $96,721.00 + GST
  • Frontage:
    7.3 m
  • Car Parks:
    6

OVERVIEW

  • 7.3m* frontage onto arguably the most activated pocket of Main Street, less than 50m* to busy pedestrian crossings either side
  • Rear access to major council car park, which surrounding properties currently trade onto
  • Leased to national retailer Ghanda Clothing (51 stores nationwide) until June 2021
  • Annual net income of $96,721* + GST + Outgoings (after land tax) with fixed 3% annual rental increases
  • Large 280 sqm* landholding with surplus land for six (6) onsite car spaces or future development potential (STCA)

LOCATION

  • With two major shopping centres & over 1500* free council car parks surrounding, Main Street, Mornington provides one of Victoria’s most convenient and accessible shopping strips
  • Mornington is the central shopping hub of Mornington Peninsula benefiting from direct linkage to Nepean Hwy, Moorooduc Hwy or the Mornington Peninsula Freeway and only 50 minutes from the Melbourne CBD

For Sale via Public On-Site Auction Wednesday 27th February 2019 at 12:30pm (AEDT)

 

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