48 Main Street, Mornington

Auction

Wednesday, 26th February at 12:30pm

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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Put your property with the Leaders of the South East

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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