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Nichols Crowder - MORNINGTON

8/216 Main Street Mornington, VIC 3931

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8/216 Main Street,
Mornington, VIC 3931

Shops & Retail • Offices

Key property information

Floor area

Tenure type

Private inspections

to arrange a private inspection.
Nichols Crowder - MORNINGTON
Jamie Stuart
Tristan Cummings

Nichols Crowder - MORNINGTON

4/230 Main Street
MORNINGTON, VIC 3931
Nichols Crowder - MORNINGTON
8/216 Main Street
Mornington, VIC 3931

Map of 8/216 Main Street

Directions
  • Bus stops within 5 km of 8/216 Main Street, Mornington, VIC 3931Distance
    The Bays HospitalMain142 m
    Murray StBarkly St351 m
    Albert StBarkly St387 m
    73 Tanti Ave436 m
    York StMain446 m
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POWERED BY HERE ©

A Strong Mornington Investment

Positioned in the heart of Mornington's blue-chip retail precinct, 8/216 Main Street presents an exceptional investment opportunity.

Fully leased to Brae Bree Pty Ltd T/A Body Fit Training (BFT) on a 5+5 year term commencing November 2024, this strata-titled property returns $65,000 p.a. + GST with fixed annual increases of 3% and a market review at option.

Comprising 270sqm* of well-appointed open-plan space with bay views and dual access, this Commercial 1 Zoned asset offers strong tenant covenant, capital growth potential, and consistent income. Located metres from Coles, Woolworths and ALDI, opportunities like this in tightly held Mornington are rarely offered to market.

Key features include:

* Total building area: 270sqm*
* Securely leased with options to 2034
* Main Street frontage
* Rear access to the council car park
* Annual net income: $65,000 per annum plus GST
* 5 + 5 year lease (Commenced November 2024)
* Staff and customer amenities

For further information or to arrange an inspection, please contact the listing agents.

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.

Mornington, 3931 demographic data

25,759
Population
$1,451 per week
Median household income
50 years
Median age
Owners
Most residents
Families
Most households

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