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71 Barkly Street Mornington VIC 3931

  • Development / Land
  • 2,354 m²
  • For Sale, Contact Agent

Prime Investment With Permits Approved Development

    Nichols Crowder are delighted to offer for sale this unprecedented investment/permit approved multi-story development.

    Currently utilized as a self-storage facility with the current income of $95,000 per annum with the rent capable of being increased significantly to a current market rate.

    The investment property market is growing daily with the share market down and money sitting in the banks not earning a decent return, this ticks all the boxes plus the upside of redevelopment of double story professional offices and 3 levels of 204 storage units and 40 plus onsite undercover secure parks.

    Keys features include:

    * Current rental return $95,000 p.a. with the upside of the rent to increase
    * Huge land holding of 2,354 sqm*
    * Dual street frontage
    * Permit approved multi-level commercial buildings and self-storage
    * Opposite Mornington Central shopping Centre, Mornington primary school and the Bays Hospital
    * Property to be sold as a going concern (no GST applicable)

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

    Tom Crowder 0438 670 300
    Jamie Stuart 0412 565 562

    PLEASE NOTE:

    * Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

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

    Tom Crowder
    Nichols Crowder - Mornington
    Tom Crowder
    Nichols Crowder - Mornington
    Jamie  Stuart
    Nichols Crowder - Mornington
    Jamie Stuart
    Nichols Crowder - Mornington

    Property Highlights

    Property ID2015728118
    Floor AreaAsk Agent
    Land Area2,354 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  4 Mar 2021
    Map for 71 Barkly Street Mornington VIC 3931
    Map for 71 Barkly Street Mornington VIC 393171 Barkly Street Mornington VIC 3931
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Tom Crowder
    Nichols Crowder - Mornington
    Tom Crowder
    Nichols Crowder - Mornington
    Jamie  Stuart
    Nichols Crowder - Mornington
    Jamie Stuart
    Nichols Crowder - Mornington

    Property Highlights

    Property ID2015728118
    Floor AreaAsk Agent
    Land Area2,354 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  4 Mar 2021
    Nichols Crowder - Mornington
    4/230 Main St Mornington VIC 3931
    Tom Crowder
    Nichols Crowder - Mornington
    Tom Crowder
    Nichols Crowder - Mornington
    Jamie  Stuart
    Nichols Crowder - Mornington
    Jamie Stuart
    Nichols Crowder - Mornington

    Ask Tom Crowder about this property

    Tom Crowder

    Tom Crowder

    Nichols Crowder - Mornington

    Jamie  Stuart

    Jamie Stuart

    Nichols Crowder - Mornington

    0438 *** ***
    0438 670 300

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