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56 Yuilles Road
Mornington VIC 3931
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Sold on 8 Sep 2023

56 Yuilles Road Mornington VIC 3931

  • Factory, Warehouse & Industrial
  • 212 m²
  • Sold

Industrial Investment with Value-Add Potential

    FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 7TH SEPTEMBER AT 2PM

    Prominently positioned on Yuilles Road and situated within the core of Mornington's Industrial estate.

    This standalone freehold is securely leased to a well-established business, offering excellent security to the investor with value-add potential (STCA).

    Key features include:

    * Building area: 212sqm*
    * Land area: 583sqm*
    * Quality tenant Trading as Foam Fast
    * Secure 3 x 3 year lease (com. March 2022)
    * Annual income: $32,960 plus GST and outgoings
    * Solid annual rental increases
    * Impressive improvements
    * Clear-span warehouse
    * Electric roller door
    * 3 phase power
    * Secure rear yard with 3m x 3m shed
    * Abundance of off- street car parking
    * Favourable Industrial 3 Zone

    For further information or to arrange an inspection, please contact:

    Jamie Stuart
    Tanya Scagliarini

    PLEASE NOTE:

    * All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

    EXPRESSION OF INTEREST

    Closing date and time07/09/2023 12:00
    Recipient nameAsk Agent
    Delivery addressAsk Agent

    Property Highlights

    Date Sold8 Sep 2023
    Floor Area212 m²
    Land Area583 m²
    ParkingAsk Agent
    Property ID2018590797
    Category
    Last updated  11 Sep 2023
    Map for 56 Yuilles Road Mornington VIC 3931

    Property Highlights

    Date Sold8 Sep 2023
    Floor Area212 m²
    Land Area583 m²
    ParkingAsk Agent
    Property ID2018590797
    Category
    Last updated  11 Sep 2023
    4/230 Main St Mornington VIC 3931

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