5/177-179 Morninton Tyabb Road, Mornington

Sold

Friday, 15th March 2019

Prime Showroom Investment.

We love selling showroom investments and investors love buying them! The simple fact is that they offer the best of both worlds; industrial and retail in one. Especially with main road frontage, access and exposure and this property has all that and more.

‘Coastcare Medical Equipment Hire and Sales’ is a market leader in their field. Servicing the majority of major hospitals, aged care facilities and retirement villages providers, they are known as the ‘go-to’ for all medical equipment sales and hire.

Features include:

* Securely leased until 14th January 2023 with a further 5 year option
* Prime location on Mornington Tyabb Road
* Rental return of $66,744 per annum (net) with annual increases
* Substantial showroom, with flexible floor plate
* Generous on-site parking for 45 cars and loading bays
* Boutique 7-unit development, incorporating national tenants

An investment that ticks all the boxes. Secure tenant,
long lease, easy to maintain property and attractive
yield potential with upside.

For further details or to arrange an inspection please contact Jamie Stuart or Tom Crowder.

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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