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Sold Hotel/Leisure found in MORNINGTON PENINSULA (METROPOLITAN), VIC

MAGNIFICENT MORNINGTON SITE!**UNDER OFFER**

Development/Land (Residential, Medical, Showrooms, Retail, Service station/Fast food) | Hotel/Leisure | Medical

This magnificent site is offered by For Sale closing Thursday 2nd March 2017 at 3pm.
The property comprises a land area of 2,357m2* and is positioned on the corner of Nepean Highway and Strachans Road, some 900 metres from Main Street, Mornington.
This is a rare opportunity to acquire a prominent corner site in the renowned picturesque region of Mornington, just 1.1 km from the beach at the end of Strachans Road. Suitable for a variety of developments or owner occupiers seeking to take advantage of the generous Nepean Highway frontage.
Property features:
- Land area: 2357m2*
- Building area: 250m2*
- Close proximity to major shopping centres, schools, medical facilities and much more
- General Residential Schedule Zone 1
- Perfectly positioned in the Mornington bayside region offering a sought after lifestyle
- Property may suit residential development, medical, aged care, place of assembly, service station or fast food restaurants (STPA)
For further information please contact CVA.
*Approx

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Sale Price: Contact Agent    Building: 250m²    Land: 2357m²    Occupancy: Vacant

* BRAND NEW 11 YEAR LEASE * KFC RESTAURANT AND DRIVE-THRU * ...

Investment | Retail | Hotel/Leisure

Outstanding freehold investment operating as KFC restaurant and drive-thru. The property is leased on a brand new term of 11 years with 2 further terms of 5 years and a current rental of $219,035.00 per annum. This recently modernised KFC is strategically positioned on a Point Nepean Road corner allotment of approximately 1,717m2. Enhanced by depreciation taxation benefits and future development potential this property is ideal for the astute investor. *FOR MORE INFORMATION PLEASE SEE VIRTUAL TOUR*

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Sale Price: Contact Agent    Building: 232m²    Land: 1717m²

2 WATERFRONT RESTAURANT INVESTMENTS

Retail | Hotel/Leisure

TO BE OFFERED SEPARATELY

27 MARINE PARADE, HASTINGS
Site Area: 468m² approx
Building Area: 305m² approx
Tenant: MaQuay
Lease Term: 5 x 5 x 5 years
Rental: $60,000 pa + outgoings

29 MARINE PARADE, HASTINGS
Site Area: 360m² approx
Building Area: 218m² approx.
Tenant: Zaffron.
Lease Term: 6 x 6 years.
Rental: $51,500 pa + outgoings.

  • High quality tenancy fit-outs
  • Includes on site car parking on title
  • Depreciation benefits available
  • Terms: 10% deposit, balance 60 days
  • Rare opportunity to acquire two modern retail investments located in a commanding position in Hastings overlooking Western Port Bay and adjoining parkland and within an established retail precinct.

  • NOTE: Hastings is a major commercial and industrial hub on the Mornington Peninsula with the Hastings Port projected to play an increasingly important role in Victoria’s transport infrastructure and economy in the future. Hastings is expected to benefit substantially from proposed major infrastructure investment over coming years, with the expansion / development of the Deep Water Port facility and rail link.

    For further details including a Property Report contact Chris Kombi 0438 156 236 or Charles Emmett 0402 358 069.

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Building: 218m² - 305m²    Land: 360m² - 468m²

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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