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83 Watt Road
Mornington VIC 3931
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Sold on 29 Jun 2016

83 Watt Road Mornington VIC 3931

  • Shop & Retail
  • 471 m²
  • Sold

Thriving Restaurant with Rental Growth

Secure 6 year lease to 2020 plus options through to 2035.
Fixed 4% increases and Market at options.
Tenant pays usual outgoings as per lease.
New quality 179 sqm premises with capital intensive tenant fit-out.
Central 471 sqm corner site, which includes alfresco dining and 43 metres road exposure.
9 car spaces on title, plus 6 on license agreement.
Positioned 'Front & Centre' of Peninsula Business Park - 52 Units (Stage 2 under construction), with exclusive café rights.
Mornington Peninsula: Victoria's premier tourism destination generating over $1 billion annually.
Rent: $55,848 pa (Sept 2016).

Interstate and local bidding by prior arrangement.

Auction 11am Wednesday 29th June
River Room, Crown Casino, Melbourne

AUCTION

Auction date and time29/06/2016 11:00
Auction locationCrown Casino

Property Highlights

Date Sold29 Jun 2016
Floor AreaAsk Agent
Land Area471 m²
ParkingAsk Agent
Property ID2012838295
Category
Last updated  9 Sep 2016
Map for 83 Watt Road Mornington VIC 3931

Property Highlights

Date Sold29 Jun 2016
Floor AreaAsk Agent
Land Area471 m²
ParkingAsk Agent
Property ID2012838295
Category
Last updated  9 Sep 2016

Listed by

Raoul Holderhead
Raoul Holderhead
Burgess Rawson VIC Pty Ltd
Call
0413 860 304

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