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339-343 Main Street, MORNINGTON VIC 3931
Prop ID: 382713
SALE

Premium Investment Opportunity
339-343 Main Street, MORNINGTON VIC 3931
Building Area:
565 m²
Land Area:
565 m²
Occupancy:
leased investment
Zoning:
Business 5 Zone
Parking Spaces:
Abundant on-site carparking
Sale Price:
$0 (GST n/a)
Outgoings Paid By:
tenant

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).


Agent Details

Gray Johnson

30 Collins St

Tel: 0396543022

Fax: 0336542001


Contact:

Matt Hoath

Mobile: 0418 543 714

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To:
Gray Johnson, Melbourne

Subject:
Property for sale - ID 382713

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Disclaimer - This listing is provided as a guide only. It is not a legal offer or advice. Whilst the information has been published in good faith, CRE makes no representations or promises as to the accuracy, completeness or currency of the information. You must make your own assessment and obtain advice if necessary. Neither CRE nor its member agents assume any liability (in negligence or otherwise) for any loss or damage which you may suffer as a result of your use of or reliance on this information.

Gray Johnson

Matt Hoath

0418 543 714

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