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Nichols Crowder - MORNINGTON

56 Yuilles Road Mornington, VIC 3931

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56 Yuilles Road,
Mornington, VIC 3931

Warehouse, Factory & Industrial

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Key property information

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Floor area

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Nichols Crowder - MORNINGTON
Jamie Stuart
Tanya Scagliarini

Nichols Crowder - MORNINGTON

4/230 Main Street
MORNINGTON, VIC 3931
Nichols Crowder - MORNINGTON
56 Yuilles Road
Mornington, VIC 3931

Map of 56 Yuilles Road

Directions

Industrial Investment with Value-Add Potential

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 7TH SEPTEMBER AT 2PM

Prominently positioned on Yuilles Road and situated within the core of Mornington's Industrial estate.

This standalone freehold is securely leased to a well-established business, offering excellent security to the investor with value-add potential (STCA).

Key features include:

* Building area: 212sqm*
* Land area: 583sqm*
* Quality tenant Trading as Foam Fast
* Secure 3 x 3 year lease (com. March 2022)
* Annual income: $32,960 plus GST and outgoings
* Solid annual rental increases
* Impressive improvements
* Clear-span warehouse
* Electric roller door
* 3 phase power
* Secure rear yard with 3m x 3m shed
* Abundance of off- street car parking
* Favourable Industrial 3 Zone


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

Jamie Stuart
Tanya Scagliarini

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.

Property ID: 504348928Last Updated: 11 Jun 2024

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