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Mornington Village Shopping Centre

Double supermarket anchored peninsula neighbourhood shopping centre
  • Land Area:
    13,008 m2
  • Floor Area:
    7,963 m2
  • Whole or Part of Building:
    Whole Building
  • Tenancy:
    Tenanted Investment
  • Income:
    $2,239,984.00 + GST
  • Permit Approved:
    No
  • Car Parks:
    668
  • Lease:
    10

OVERVIEW

  • Fully enclosed Victorian Neighbourhood Shopping Centre anchored by Woolworths (2,894sqm* GLA) and Aldi (1,334sqm* GLa), together with 15* complementary specialty shops (total GLA 7,963sqm*)
  • Exceptionally high profile site of 1.308Ha* situated within the retail heart of the affluent peninsula suburb of Mornington with significant street frontages to Main Street, Cromwell Street and Waterloo Place
  • Opportunity for further centre expansion and enhancement as a response to a growing wealthier demographic & retailer demand
  • Highly accessible car parking to over 668* car spaces including the benefit of 208* at grade and 51* basement car spaces on title
  • Fully Leased Net Income of $2,240,000 per annum*

LOCATION

  • Robust forecast population growth with the Main Trade Area population expected to grow 14.5%* to 87,030* residents by 2031

 

 

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