339-343 Main Street, MORNINGTON VIC 3931

The subject property is positioned on the north western corner at the intersection of Main Street and the Nepean Highway with rear or western boundary abutting Fleet Street. 
 
The property is ideally located being positioned close to other major dealerships, including Ford and Holden (based on Nepean Hwy). Additional high profile dealerships are represented in the Mornington region including developments along Mornington-Tyabb Road. 
 
Ten-Year Lease to Mornington Mazda 
 
> Rental: $409,000 pa + outgoings 
> Fully-secured by bank guarantee 
> Fixed annual rental increases 3% 
> Substantial land holding - 5,140m2 approx 
> Massive frontage to Main St - 61 metres 
> Fabulous exposure to Nepean Hwy 
 
A rare opportunity to acquire a prominent commercial investment in the heart of Mornington.  
 
The existing improvements consist of: 
- Office/Showroom 685m2 approx 
- Service/Workshop 565m2 approx 
& Amenities ---------- 
Total 1,250m2 approx 
 
Zoned Business 5 - this encourages the development of office or multi-dwelling units (with common access from the street).