38-40 Mount Eliza Way,
Mount Eliza, VIC 3930
Shops & Retail • Offices
Key property information
Floor area
Zoning
Tenure type
Sold on
Gorman Commercial Real Estate
L1 /415 Riversdale RoadHAWTHORN EAST, VIC 3123
38-40 Mount Eliza Way
Mount Eliza, VIC 3930
Map of 38-40 Mount Eliza Way
DUAL INCOME INVESTMENT WITH DOUBLE SHOPFRONT & RESIDENCE
- Leased to Belle Property on 3 year lease
- Separately accessed residential tenancy
- Combined income: $67,603 pa
Gorman Allard Shelton is pleased to offer 38-40 Mount Eliza Way, Mount Eliza for sale via Public Auction on Wednesday 1st November at 12 noon on-site.
This well-located investment is set within one of the most desirable postcodes on the Mornington Peninsula. The double front shop with a national tenant in occupation is further enhanced with a two bedroom apartment.
* Retail premises leased to national real estate agency, Belle Property, on a three year term plus option
* Retail rent: $50,923.20 net pa + GST and outgoings
* Separately accessed two bedroom apartment currently returning $16,680 pa
* Combined income: $67,603 pa (as at November 2023)
* On-site parking for 3-4 cars
* Land area of 219 sqm within a Commercial 1 Zone with rear laneway access
This location is well-regarded by holiday makers and local residents alike and features a variety of amenity including Woolworths, Ritchies IGA, Eliza Square Shopping Centre, Bakers Delight, CBA and Bendigo Bank, to name just a few.
This well-located investment is set within one of the most desirable postcodes on the Mornington Peninsula. The double front shop with a national tenant in occupation is further enhanced with a two bedroom apartment.
* Retail premises leased to national real estate agency, Belle Property, on a three year term plus option
* Retail rent: $50,923.20 net pa + GST and outgoings
* Separately accessed two bedroom apartment currently returning $16,680 pa
* Combined income: $67,603 pa (as at November 2023)
* On-site parking for 3-4 cars
* Land area of 219 sqm within a Commercial 1 Zone with rear laneway access
This location is well-regarded by holiday makers and local residents alike and features a variety of amenity including Woolworths, Ritchies IGA, Eliza Square Shopping Centre, Bakers Delight, CBA and Bendigo Bank, to name just a few.
Mount Eliza, 3930 demographic data
18,734
Population
$2,547 per week
Median household income
45 years
Median age
Owners
Most residents
Families
Most households
Gorman Commercial Real Estate L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
HAWTHORN EAST, VIC 3123
More properties from Gorman Commercial Real Estate
Other properties you might be interested in based on the location and property type you are looking at.
