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100-102 Mount Eliza Way
Mount Eliza VIC 3930
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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

Property Highlights

Date Sold27 Nov 2021
Floor Area575 m²
Land Area454 m²
ParkingAsk Agent
Property ID2017349265
Category
Last updated  29 Nov 2021
Map for 100-102 Mount Eliza Way Mount Eliza VIC 3930

Property Highlights

Date Sold27 Nov 2021
Floor Area575 m²
Land Area454 m²
ParkingAsk Agent
Property ID2017349265
Category
Last updated  29 Nov 2021
Level 19, 627 Chapel Street South Yarra VIC 3141

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