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Burgess Rawson - Melbourne

Cafe Thirteen83, 13/83 Watt Road Mornington, VIC 3931


Cafe Thirteen83, 13/83 Watt Road,
Mornington, VIC 3931

Shops & Retail • Warehouse, Factory & Industrial

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Burgess Rawson - Melbourne
Raoul Holderhead
Justin Kramersh
Rick Jacobson

Burgess Rawson - Melbourne

Level 20, 150 Lonsdale Street
Burgess Rawson - Melbourne
Cafe Thirteen83, 13/83 Watt Road
Mornington, VIC 3931

Map of Cafe Thirteen83, 13/83 Watt Road


New 7 Year Lease to 2029 | Tightly Held & Fully Leased Industrial Precinct

  • Proven Performer Established 2014
  • Rare 4% Fixed Rent Increases
  • Tenant Pays All Outgoings
+ New 7 year lease to 2029, plus options through to 2044.
+ Café Thirteen83: proven and reputable Mornington Peninsula café, trading 6 days per week, offering dine in, takeaway and catering options, est. 2014.
+ Rare 4% fixed annual rent increases, ensuring future rental growth.
+ Tenant pays all usual outgoings
+ Prime central 471sqm* corner site, which includes alfresco dining areas and 43 metres road exposure.
+ Modern spacious 179*sqm premises with enormous exposure
+ Strategic front and centre corner gateway position at entrance to a booming fully leased industrial estate, within 1.3*km of Coles, Pet Stock & Supercheap Auto.
+ Includes important 9 car spaces on-title, plus 6 additional licensed car spaces.
+ Single tenanted investment requiring minimal management.
+ Significant depreciation tax benefits.
+ Easily accessible via Tyabb Road & Nepean Highway, servicing a combined 44,790 vehicles daily.
+ Highly desirable Mornington Peninsula location.
+ Mornington Peninsula Shire: booming sea-change and tourism destination, current population of 172,235.
+ Net Income: $73,490* pa + GST

Property ID: 504396348Last Updated: 7 Feb 2024

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