Stonebridge Property Group is pleased to present for sale 100-102 Mount Eliza Way, Mount Eliza.
- A commanding double fronted Mt Eliza Village investment, anchored by non-discretionary tenants Bendigo Bank and Village Gourmet Meats
- 76% of total income is derived through essential tenants, Bendigo Bank and Village Gourmet Meats with leases through to Jan-26 and Sep-25 respectively
- Strong fundamentals include, 454 sqm* of underlying land, 12 m* of valuable retail village frontage and rear access to free council car park
- Flexible double level, arcade style building with through access from Mt Eliza Way to rear carpark
- The rear of the property has been strategically activated for additional retail use due to the strong rear exposure to free council car park
- Located in the centre of the tightly held Mt Eliza Village, opposite major shopping centre (Ritchie's Village IGA) and in close proximity to major banks (CBA & NAB), Woolworths, popular cafes and grocers
- The highly convenient shopping village boasts some of the lowest retail vacancy within metropolitan Melbourne (often sub 2%), highlighting tenant demand and future possibilities for rental growth
- Mt Eliza is located 45 minutes* from the Melbourne CBD on the Port Phillip Bay coastline of the popular Mornington Peninsula
- The affluent suburb boasts a median house price of $1,630,000 and is home to elite private school Peninsula Grammar
*Approximate
100-102 Mount Eliza Way, Mount Eliza is For Sale by Public On-Site Auction Saturday 27th November 2021 at 11am (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group:
Nic Hage
0448 782 594
Rorey James
0439 400 081
Kevin Tong
0422 848 818
Sarah Xi
0468 320 297
Property Code: 336