1 & 2, 21 Diane Street, Mornington, VIC 3931

Industrial

Sold $1,250,000

  • Property ID: 429141
  • Floor Area: 404m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 10/09/2023 404m2 N/A $1,200,000
Owner wants to Sell

Located on the corner of Diane and Frank Street is this versatile two-part offering.

Total Building area of 404m2 (approx.)
Total Land area of 766m2 (approx.)

Factory number 1 is tenanted until 1 /4/2025 for $ 22,248 pa plus GST and outgoings. A further option of 3 Years.

Factory number 2 is currently vacant appealing to the owner-occupier or could be leased to create a versatile income stream.

Brand new roof just installed.
Industrial 3 zoning.
Redevelopment opportunity in the future (STCA) with an ideal corner location.

We know this will not last long with Industrial property in high demand. For further information or to arrange an inspection contact Jeremy Lewis 0417 047 092 or Michelle Adams on 0407 743 858.

Mornington Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5311 $327 6.16%
Offices --- $330 ---
Industrial $5095 $101 1.99%
This is the average advertised price, rent and yield for Mornington, VIC 3931*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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:

  • 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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