10 Elite Way,
Mornington, VIC 3931

Warehouse, Factory & Industrial • Offices

Key property information

Floor area

Car spaces

Tenure type

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Map of 10 Elite Way

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Investors Look No Further

This amazing building by the award winning Elite Property Group is a must for any investor. Lease to Biocare on a healthy three year lease with further options currently returning $124,000 per annum plus GST and outgoings with 3.5% annual increases. The building is only 1 year old so take full advantage of depreciations.

Key features include:

* Innovation Biocare cosmetic products manufacturer
* Three year lease with further option plus 3.5%
* Building area of 1,241sqm*
* Beautifully fitted out two storey office
* 20 car parks on site
* Upstairs and downstairs kitchens/lunchrooms
* All office areas include heating/air-conditioning
* $124,000 p.a. + GST and outgoings

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

Tom Crowder 0438 670 3...

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

The median household income for Mornington is $1,451, 24% lower than Greater Melbourne's household income of $1,901. Mornington has an older age profile compared to the rest of Greater Melbourne (median age 50 vs 37). Property ownership data shows 41% of property owners in Mornington have a mortgage.

25,759

Population

$1,451 per week

Median household income

50 years

Median age

Owners

Most residents

Families

Most households

Nichols Crowder - MORNINGTON

4/230 Main Street
MORNINGTON, VIC 3931