994 Nepean Highway, Mornington, VIC 3931

Industrial

For Sale $3,500,000 plus GST if applicable

  • Property ID: 441340
  • Floor Area: 304m²
  • Land Area: 1788m²
  • Occupancy: Vacant
Golden Mile - Ultimate Nepean Highway Frontage

Don't miss out on this rare investment opportunity being offered for the first time in over 55 years.

Jacobs and Lowe proudly present 994 Nepean Highway Mornington - a tenanted investment occupied by one of Mornington's longest established businesses.

• 3 plus 3 years commencing 17th June 2022
• Land area: 1788m2 (approx)
• Building: 304m2 (approx)
• 20.6 metre frontage to Nepean Highway

Superbly positioned property on Nepean Highway (29,000* cars passing daily) with direct proximity to the established Main Street Retail precinct and foreshore, as well as being surrounded by an established and growing residential catchment area.

Act fast before it's too late.

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%
Industrial $5095 $101 1.99%
Offices --- $330 ---
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.
Floorplans

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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