159 Main Street Mornington VIC 3931
- 100 m²
Nichols Crowder is delighted to offer this outstanding investment with substantial development upside.
Situated in the heart of Main Streets thriving retail shopping strip, this property offers the astute buyer the security of one of Mornington's most highly acclaimed cafes, having been at the premises for over 18 years.
The property has the added benefit of dual street frontages and significant development upside (STCA).
* Impressive retail shop of 100m2*
* 6.70m* frontage to Main Street
* 6.43m* frontage to Barrett Lane
* Close proximity to Council carpark
* Leased to long standing tenant "Biscottini'
* Secure 5 x 5 Year lease
* Annual net income of $55,800 + GST
* Large 300m2* land allotment with future development upside (STCA)
* Favourable Commercial 1 Zone
Please contact Jamie Stuart or Tanya Scagliarini for further information.
|Auction date and time||12/06/2019 12:00|
|Auction location||159 Main Street, Mornington VIC|
|Date Sold||12 Jun 2019|
|Floor Area||100 m²|
|Land Area||300 m²|
|Last updated||13 Jun 2019|