Stonebridge Property Group is pleased to present for sale ‘Mornington Corner’ (156-160 Main Street & 63 Barkly Street, Mornington).
The key highlights of the opportunity include:
- A generational Mornington corner located in the centre of Main Street – the retail backbone of the Mornington Peninsula
- Three street frontages provide 68 m* of valuable exposure and an unmatched level of flexibility
- 686 sqm* of Commercial 1 Zoned land, coupled with potential site access from August 2028, provides scope to value-add, occupy, or develop (STCA)
- Boasting 8 separate shopfronts with direct frontage/street access to the high-profile Main & Barkly Street intersection
- Offering a fully leased income of $325,000* + GST with the potential for substantial growth in the short term
- The asset comprises 8 separate titles providing the value-add possibility to be sold down individually (STCA)
- Strategically bookended by 2 major shopping centres, surrounded by 1,500* free council car parks & benefiting from two pedestrian crossings bottlenecking foot traffic to the façade of the property
- Mornington is the central shopping hub of Mornington Peninsula and benefits from direct linkage to Nepean Highway, Moorooduc Highway, or the Mornington Peninsula Freeway
- In arms reach of a multitude of national retailers including Coles, Woolworths, Commonwealth Bank, Country Road, Gazman, Cotton On, NAB, Westpac and more
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
Sarah Xi ???
0468 320 297
Rorey James
0439 400 081
*Approximately
Property Code: 842