1192-1196 Nepean Highway, Mount Eliza, VIC 3930

Hotel/Leisure | Development/Land | Showrooms

Sold

  • Property ID: 440628
  • Floor Area: 752m²
  • Land Area: 6291m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 26/03/2024 752m2 6291m2 Contact Agent
Mornington Peninsula Gateway Reception Centre with Short-Term Holding Income & Picturesque Improvements

Stonebridge Property Group is pleased to present Grey Foxx Reception Centre, 1192-1196 Nepean Highway, Mt Eliza.

Grey Foxx Reception Centre is a prime Mornington Peninsula landholding improved by a multi-purpose reception/function facility, accommodation and surplus rear land.

The property will be offered with short-term holding income suiting owner-occupation, value-add buyers, investors, landbankers or developers (STCA).

Key highlights of the property include:

- Existing improvements comprise a fully licensed reception centre including two licensed bars, expansive commercial kitchen including fridge & freezers and licensed multi-purpose deck

- Modest on-site accommodation with ability to expand accommodation options substantially due to rear underutilised land

- Substantial 6,291 sqm* landholding with 54 m* frontage and own slip lane off Nepean Highway

- Surrounded by retail amenity featuring Officeworks, Harris Scarfe, Early Settler Childcare Centre, Bunnings, Harvey Norman and JB Hi Fi (500 m*)

- Unrivalled lifestyle amenity including Mornington Golf Club (250 m*), Mornington Star Estate (650 m*), Mills Beach (1.75 km*), Mornington Racecourse (2.35 km*) and Mornington Tourist Railway (3.2 km*)

- Landholding can be used for bed and breakfast, rural store, camping and caravan park, dwelling, exhibition centre, function centre, group accommodation, leisure and recreation, market, place of assembly/worship, plant nursery, school and or residential hotel (STPA)

- Providing holding income

Grey Foxx is the opportunity to purchase a gateway Mornington Peninsula reception centre which provides access to coastwide affluent suburbs, world class wine region and Melbourne’s renowned family beaches.

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Max Warren
0488 296 892

Dylan Kilner
0459 396 341

Chao Zhang ??
0411 625 068



*Approximately

Property Code: 840

Mount Eliza Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $11106 --- ---
Offices --- $439 ---
This is the average advertised price, rent and yield for Mount Eliza, VIC 3930*
* 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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