SOLD: 1/177-179 Mornington-Tyabb Road, Mornington

March 17, 2022

An outstanding showroom investment property in Mornington has sold at auction for $1.85M, representing a yield of 4%.

Opening on a huge bid of $1.5M, followed another 45 bids, reflecting the strong enquiry seen throughout the entire campaign.

Selling agent Tom Crowder says, “A fantastic result based on local knowledge and advice on how to maximise in the current investors market. We are delighted for both the vendors and the purchaser.”

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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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