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Sold on 27 Nov 2021

100-102 Mount Eliza Way Mount Eliza VIC 3930

  • Shop & Retail
  • 575 m²
  • Sold

Multi-Tenanted Mornington Peninsula Investment Anchored by Non-Discretionary Tenants

  • Strong Income of $246,585*
  • Anchored by Bendigo Bank
  • Dual Frontage Retail Offering

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

AUCTION

Auction date and time27/11/2021 11:00
Auction locationSee description
Nic Hage
Stonebridge Property Group VIC
Nic Hage
Stonebridge Property Group VIC
Rorey James
Stonebridge Property Group VIC
Rorey James
Stonebridge Property Group VIC
Kevin Tong
Stonebridge Property Group VIC
Kevin Tong
Stonebridge Property Group VIC
Sarah Xi
Stonebridge Property Group VIC
Sarah Xi
Stonebridge Property Group VIC

Property Highlights

Property ID2017349265
Date Sold27 Nov 2021
Floor Area575 m²
Land Area454 m²
ParkingAsk Agent
Category
Last updated  22 Oct 2021
Map for 100-102 Mount Eliza Way Mount Eliza VIC 3930
Map for 100-102 Mount Eliza Way Mount Eliza VIC 3930100-102 Mount Eliza Way Mount Eliza VIC 3930
Nic Hage
Stonebridge Property Group VIC
Nic Hage
Stonebridge Property Group VIC
Rorey James
Stonebridge Property Group VIC
Rorey James
Stonebridge Property Group VIC
Kevin Tong
Stonebridge Property Group VIC
Kevin Tong
Stonebridge Property Group VIC
Sarah Xi
Stonebridge Property Group VIC
Sarah Xi
Stonebridge Property Group VIC

Property Highlights

Property ID2017349265
Date Sold27 Nov 2021
Floor Area575 m²
Land Area454 m²
ParkingAsk Agent
Category
Last updated  22 Oct 2021
Stonebridge Property Group VIC
Ground Floor, 95 Coventry Street Southbank VIC 3006
Nic Hage
Stonebridge Property Group VIC
Nic Hage
Stonebridge Property Group VIC
Rorey James
Stonebridge Property Group VIC
Rorey James
Stonebridge Property Group VIC
Kevin Tong
Stonebridge Property Group VIC
Kevin Tong
Stonebridge Property Group VIC
Sarah Xi
Stonebridge Property Group VIC
Sarah Xi
Stonebridge Property Group VIC
Nic Hage

Nic Hage

Stonebridge Property Group VIC

Rorey James

Rorey James

Stonebridge Property Group VIC

Kevin Tong

Kevin Tong

Stonebridge Property Group VIC

Sarah Xi

Sarah Xi

Stonebridge Property Group VIC

+61 *** ***
+61 448 782 594

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