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Sold on 12 Jun 2019

159 Main Street Mornington VIC 3931

  • Retail
  • Floor Size100 m²
  • PriceSold

Double-Shot Opportunity

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).

Features include:

* 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.

* Approx.

AUCTION

Auction date and time12/06/2019 12:00
Auction location159 Main Street, Mornington VIC

Property Highlights

Property ID2015270676
Date Sold12 Jun 2019
Floor Area100 m²
Land Area300 m²
ParkingAsk Agent
Category
Last updated  13 Jun 2019
Map for 159 Main Street Mornington VIC 3931
Nichols Crowder - Mornington
4/230 Main St Mornington VIC 3931

Ask Jamie Stuart about this property

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