38 Years In The Making!
Nichols Crowder is proud to offer to the market this once in 38 years opportunity to acquire what is considered to be one of the Mornington Peninsula’s most prestigious positions.
A rare find anywhere, this corner site is the gateway into the bustling Flinder’s retail precinct.
Auction to he held online, Friday 20th August at 2pm.
Key features include:
* Comprising of ten (10) retail shops on eleven (11) separate titles, including
car park
* Significant land area of 2,023sqm* with 90m* of combined frontage to Cook Street & Wood Street
* Total building area of 650sqm*
* Leased to quality long standing tenants, returning $128,176 per annum, (net)
plus GST with future rental upside
* Exceptional value-add potential for future re-development (STCA)
* Favourable commercial 1 zoning
* Opposite the Flinders Hotel, Georgie Bass Café & Cookery School in the heart
of Flinders retail strip
Terms 10% deposit, balance 60/90 days.
For further information or to arrange an inspection, please contact:
Jamie Stuart 0412 565 562
Tanya Scagliarini 0438 289 859
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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