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1192-1196 Nepean Highway
Mount Eliza VIC 3930
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Sold on 26 Mar 2024

1192-1196 Nepean Highway Mount Eliza VIC 3930

  • Hotel, Motel, Pub & Leisure
  • 752 m²
  • Sold

Mornington Peninsula Gateway Reception Centre with Short-Term Holding Income & Picturesque Improvements

  • Occupy, Re-Purpose, Expand (STCA)
  • Accom On-site + Expansion Options
  • Multi-purpose Peninsula Facility

Stonebridge Property Group is pleased to present Grey Foxx Reception Centre, 1192-1196 Nepean Highway, Mt Eliza.

Grey Foxx Reception Centre is a prime Mornington Peninsula landholding improved by a multi-purpose reception/function facility, accommodation and surplus rear land.

The property will be offered with short-term holding income suiting owner-occupation, value-add buyers, investors, landbankers or developers (STCA).

Key highlights of the property include:

- Existing improvements comprise a fully licensed reception centre including two licensed bars, expansive commercial kitchen including fridge & freezers and licensed multi-purpose deck

- Modest on-site accommodation with ability to expand accommodation options substantially due to rear underutilised land

- Substantial 6,291 sqm* landholding with 54 m* frontage and own slip lane off Nepean Highway

- Surrounded by retail amenity featuring Officeworks, Harris Scarfe, Early Settler Childcare Centre, Bunnings, Harvey Norman and JB Hi Fi (500 m*)

- Unrivalled lifestyle amenity including Mornington Golf Club (250 m*), Mornington Star Estate (650 m*), Mills Beach (1.75 km*), Mornington Racecourse (2.35 km*) and Mornington Tourist Railway (3.2 km*)

- Landholding can be used for bed and breakfast, rural store, camping and caravan park, dwelling, exhibition centre, function centre, group accommodation, leisure and recreation, market, place of assembly/worship, plant nursery, school and or residential hotel (STPA)

- Providing holding income

Grey Foxx is the opportunity to purchase a gateway Mornington Peninsula reception centre which provides access to coastwide affluent suburbs, world class wine region and Melbourne's renowned family beaches.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Max Warren
0488 296 892

Dylan Kilner
0459 396 341

Chao Zhang
0411 625 068

*Approximately

Property Code: 840

Property Highlights

Date Sold26 Mar 2024
Floor Area752 m²
Land Area6,291 m²
ParkingAsk Agent
Property ID2019024556
Category
Last updated  28 Mar 2024
Map for 1192-1196 Nepean Highway Mount Eliza VIC 3930

Property Highlights

Date Sold26 Mar 2024
Floor Area752 m²
Land Area6,291 m²
ParkingAsk Agent
Property ID2019024556
Category
Last updated  28 Mar 2024
Level 19, 627 Chapel Street South Yarra VIC 3141

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