104 Watt Road, Mornington

Sold

Friday, 10th May 2019

Investment with Huge Potential.

This investment ticks all boxes – Location, Secure, Potential!

* Securely let until 2022 plus options
* Long term tenants since constructed in 1999
* Two warehouses, two driveways, fenced yards
* Land area of 778m2

Excellent thoroughfare location on the corner of Watt Road & Milgate Drive at the entrance to the Racecourse residential estate.

Currently returning $45,000 per annum plus GST and the tenant pays all outgoings.

This property represents a solid rental return with excellent development potential.

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

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We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

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