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MORNINGTON, VIC
Prop ID: 382713
SALE
Sold 4/10
Premium Investment Opportunity
Building Area:
565 m²
Land Area:
565 m²
Occupancy:
vacant possession
Zoning:
Business 5 Zone
Parking Spaces:
Abundant on-site carparking
Sale Price:
$0 (GST n/a)
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
General: 0418 543 714
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To:
Gray Johnson, Melbourne
Subject:
Property for sale - ID 382713
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