1016 Mornington Flinders Road,
Red Hill, VIC 3937
Shops & Retail • Development Sites & Land • Offices
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Map of 1016 Mornington Flinders Road
Standalone Retail Investment in Red Hill
Shops 1, 2 & 3
Three (3) Retail Shops on One (1) title in this tightly held commercial strip.
Positioned on the corner of Collins Street and Mornington Flinders Road, this rare investment opportunity with three separate and securely leased tenancies ticks every investment box with the added benefit of future value-add development potential (STCA).
The three shops are leased to incredible tenants who have all recently secured their tenancies.
Offering over 1000 sqm* of Commercial 1 zoned land and 220 sqm* of building area. Opportunities like these are as rare as they come.
Key features include:
* Shop 1: 75 sqm* $24,360 per annum plus GST plus outgoings
* Shop 2: 75 sqm* $25,000 per annum plus GST plus outgoings
* Shop 3: 70 sqm* $25,837 per annum plus GST plus outgoings
Total income: $75,197 per annum plus GST plus outgoings
For further infomation or to arrange an inspection, please contact:
Jamie Stuart 0412 565 5...
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.
Three (3) Retail Shops on One (1) title in this tightly held commercial strip.
Positioned on the corner of Collins Street and Mornington Flinders Road, this rare investment opportunity with three separate and securely leased tenancies ticks every investment box with the added benefit of future value-add development potential (STCA).
The three shops are leased to incredible tenants who have all recently secured their tenancies.
Offering over 1000 sqm* of Commercial 1 zoned land and 220 sqm* of building area. Opportunities like these are as rare as they come.
Key features include:
* Shop 1: 75 sqm* $24,360 per annum plus GST plus outgoings
* Shop 2: 75 sqm* $25,000 per annum plus GST plus outgoings
* Shop 3: 70 sqm* $25,837 per annum plus GST plus outgoings
Total income: $75,197 per annum plus GST plus outgoings
For further infomation or to arrange an inspection, please contact:
Jamie Stuart 0412 565 5...
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.
Property ID: 503828778Last Updated: 27 Aug 2021
Nichols Crowder - MORNINGTON
4/230 Main StreetMORNINGTON, VIC 3931
04125655...
1016 Mornington Flinders Road
Red Hill, VIC 3937
Nichols Crowder - MORNINGTON4/230 Main Street
MORNINGTON, VIC 3931
MORNINGTON, VIC 3931
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