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6/177-179 Mornington-Tyabb Road
Mornington VIC 3931
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Sold on 26 May 2025

6/177-179 Mornington-Tyabb Road Mornington VIC 3931

  • Shop & Retail
  • 489 m²
  • Sold, $1,500,000

Rare Investment Gem Secure Income & Prime Location in Mornington

  • Net Income $92,000 p.a.
  • Premium Mornington Location
  • Neighbouring National Tenants

Discover Your Next Worry-Free Investment

Imagine owning a premium commercial property with a rock-solid tenant, predictable income, and a prime position in one of Mornington's most dynamic corridors. 6/177-179 Mornington-Tyabb Road isn't just another listingit's a low-maintenance, high-reward opportunity designed for savvy investors like you.

Why This Property Stands Out
- Established & Reliable Tenant The New Peninsula Op Shop (operating since 2015) provides stability with a secure 6-year lease (extending to 2031) + a further 6-year option.
- Strong & Growing Returns Enjoy a net income of $92,000 p.a. with fixed annual increasesplus full outgoings recovered from the tenant.
- Unbeatable Location A high-visibility corner site moments from Mornington's bustling town center, beaches, and thriving residential growth.
- Blue-Chip Neighbours Positioned among national brands like Chemist Warehouse, BMW, and Ducati, reinforcing the area's strong commercial appeal.
- Future-Proof Investment With Mornington's population expanding, this asset offers both immediate cash flow and long-term capital growth potential.

Perfect For Investors Who Want:
- Passive income No tenant headaches; just reliable returns.
- Security Long lease term with a proven tenant.
- Growth Positioned in a high-demand, high-growth precinct.

Don't Miss Out Settlement by/before 27 June 2025

Act Now! Limited opportunities like this don't last.
Daniel Liberman 0438 33 666
Jerry Lee 0488 777 919

Axis Property
Axis Property
Level 2/342 Hawthorn Rd
Caulfield, VIC 3162

Property Highlights

Date Sold26 May 2025
Sold Price$1,500,000
Floor Area489 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2019846528
Category
Last updated  26 May 2025
Map for 6/177-179 Mornington-Tyabb Road Mornington VIC 3931

Nearest transport* to 6/177-179 Mornington-Tyabb Road Mornington VIC 3931

Bus
Satu Way/Mornington-Tyabb Rd (Mornington)64 m
Mornington-Tyabb Rd (Mornington)82 m
Mornington Ret Village/Mornington-Tyabb Rd (Mornington)284 m
Mornington Ret Village/Mornington-Tyabb Rd (Mornington)315 m
This data is © 2024 Department of Transport and Planning (VIC), licenced under CC BY 4.0.
*Within a 4km radius
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Axis Property
Axis Property
Level 2/342 Hawthorn Rd
Caulfield, VIC 3162

Property Highlights

Date Sold26 May 2025
Sold Price$1,500,000
Floor Area489 m²
Land AreaAsk Agent
ParkingAsk Agent
Property ID2019846528
Category
Last updated  26 May 2025

More about 6/177-179 Mornington-Tyabb Road Mornington VIC 3931

6/177-179 Mornington-tyabb Road Mornington VIC 3931 is categorized as Shop & Retail Property. It has a floor area of 489 m². The listing ID for this property is 2019846528.

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