Nichols Crowder is proud to present this outstanding showroom investment opportunity in Mornington on the Mornington Peninsula.
Securely leased to EMRO Nominees Pty Ltd trading as X-Golf, an international business with over 15 sites across Australia and New Zealand.
Global leaders in golf simulator technology and state of the art entertainment facility, the dedicated kiosks combine virtual reality gaming, food and beverages, competitions, golf lessons, memberships and social events.
Located on Mornington-Tyabb Road in the heart of the Mornington industrial precinct only moments from Peninsula Link and the famed Mornington 'Main Street' retail shopping centre.
Regarded as the premier position for showrooms on the Mornington Peninsula, 1/177-179 Mornington-Tyabb Road is surrounded by enviable national tenancies and local businesses.
Key investment highlights:
* Term: 5 year lease with a further 5 year option (Com.Feb 2022)
* 500sqm* tilt slab showroom with rear roller door and access via common drive-way
* Leased to EMRO Nominees Pty Ltd T/A X-Golf
* Net annual income: $75,000 plus GST
* Tenant pays all usual outgoings excluding Land Tax
* Fixed 3.5% rent increases ensuring rental growth with market review at the option.
* Generous on-site common parking for 45 cars with loading bays
For any further information or an inspection of the property please contact the exclusive marketing agents below:
Jamie Stuart 0412 565 562
Tom Crowder 0438 670 300
PLEASE NOTE:
* Inspections are carried out in accordance with strict COVID-19 Directions. For further details contact the Estate Agent.
* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.
