52-56 Main Street, Mornington, VIC 3931

Investment | Other

Sold

  • Property ID: 105831
  • Floor Area: 568m²
  • Land Area: 627m²
  • NBN Availability: Build Commenced
  • Cafes: 18 nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
total building area Sold 18/07/2011 568m2 627m2 Contact Agent
PRIZED MORNINGTON INVESTMENT (2 SHOPS - 1 TITLE)

An outstanding opportunity to acquire two retail investments located in one of Melbourne’s most thriving retail shopping precincts. *New 5 Year Lease to Dick Smith. *New 3 Year Lease to Clothing Boutique. *Total Rental: $266,800 per annum net (approx). *Land Area: 627 square metres (approx) with ROW. *Business 1 zoning

Additional Information
Features
  • Zoning: Business 1
  • Lease Term: Shop 1 - 3 Years & Shop 2 - 5 Years
  • Rent Review: Shop 1 - Annual Increase of 3% pa & Shop 2 - Annual CPI
Mornington Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5311 $428 8.06%
Offices --- $443 ---
Industrial $5095 $101 1.99%
This is the average advertised price, rent and yield for Mornington, VIC 3931*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 52-56 Main Street, Mornington, VIC 3931. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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