Your Main Investment Opportunity
AUCTION WEDNESDAY 26TH FEBRUARY AT 12.30PM ON-SITE
Nichols Crowder is pleased to offer 48 Main Street, Mornington for sale via public on-site auction on 26th February at 12:30pm.
The key highlights of the opportunity include:
– 100% leased to National tenant ‘Blue Illusion’ with over 100 stores across Australia and New Zealand
– Long standing tenant of over 15 years with options until 2030
– Significant 260sqm* site with surplus rear land (accessed via laneway) and dual street frontages
– Ideally positioned within the heart of Main Street, Mornington, surrounded by other national businesses, boutique retailers, renowned cafes and restaurants
– Prominent building of some 185sqm* with over 7m of valuable frontage to Main Street
– The tenancy provides a net annual income of $92,678 + GST (as at 15th December 2024)
– Favourable Commercial 1 Zoning with future development upside of three (3) levels or 11m* STCA
Property is being sold via public on-site auction on Wednesday 26th February at 12:30pm.
To access the Dataroom for a copy of the Contract of Sale and Section 32, please use the link below:
https://cr.instadocs.com.au/invite/28091/open
For further information or to arrange an inspection, please contact the listing agent.
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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