2 & 4 Bennetts Road, Mornington, VIC 3931

Industrial | Development/Land | Showrooms

Sold $1,600,000

  • Property ID: 404217
  • Floor Area: 368m²
  • Land Area: 1200m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 368m2 1200m2 N/A
HIGH EXPOSURE CORNER INVESTMENT OVER TWO TITLES

Ray White Commercial Oakleigh is excited to present 2 & 4 Bennetts Road, Mornington to a marketplace hungry for a quality investment offering. This is a fantastic opportunity for the astute investor, land banker or developer to purchase a property with a multitude of options whilst benefitting from a healthy passing income.

This corner freehold is located in a tightly held part of Mornington and surrounded by an abundance of National & International operators including Mercedes-Benz, Holden, Hyundai, Ford, Mazda & National Storage. The subject property is located only 5 minutes* from Mornington's main shopping strip, beach and offers easy access to many major arterial roads and is certainly one not to be missed!

• Total land area | 1,200m2*
• Total building area | 368m2*
• Includes mezzanine/storage area | 33m2*
• 3 + 3 + 3 Year Lease (January 2022)
• Currently returning | $90,000 p/a net
• Combined frontage of 67m* to Yuilles Road & Bennetts Road
• Two (2) roller doors, air conditioned office / reception & amenities
• Securely Gated with two (2) entrance points
• Access to major arterials such as Mornington-Tyabb Road, Nepean Highway, Moorooduc Highway & Peninsula Link
• Neighbouring businesses include: Mercedes-Benz Mornington, Mornington Holden, Mornington Hyundai, Jeff Wignall Ford Mornington, National Storage, Mornington Mazda, Beleura Private Hospital & The Mornington Centre Peninsula Health
• 5 minute drive* from Mornington main strip and beach
• Industrial 3 Zone (IN3Z)

George Ganavas | 0478 634 562
Theo Karkanis | 0431 391 035

*All areas and figures are approximate only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agent.

Mornington Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $5311 $428 8.06%
Industrial $5095 $101 1.99%
Offices --- $443 ---
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:

  • 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™.
  • 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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