992 Nepean Highway,
Mornington, VIC 3931

Shops & Retail • Offices • Showrooms & Large Format Retail

Key property information

Land area

Floor area

Tenure type

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Map of 992 Nepean Highway

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Leased to Long Successful Car Dealership

Lease to July 2020 plus 10 Year option
Substantial 3536 sqm landholding
Prime Nepean Highway exposure

Hyundai Mornington: Part of the Jefferson Group with 35 year plus history and 17 dealerships selling Ford, Hyundai, Mitsubishi, Subaru, Toyota & Lexus.
Securely leased to July 2020 plus one 10 year option.
Tenant pays all usual outgoings.
Substantial 3,536 sqm commercial landholding with dual street frontage and future development potential STCA.
Modern well maintained buildings refurbished in 2010.
Strategic location within tightly held automotive precinct and opposite Hungry Jacks, KFC, 7 Eleven & many national traders.
Central within the busy commercial centre servicing the booming Mornington Peninsula.
Rent: $258,653 pa.

Auction 11am AEDT Wednesday 28 October
River Room, Crown Casino Melbourne

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

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Most households