Track Record

SOLD: 56 Yuilles Road, Mornington

October 3, 2023

We are excited to announce that 56 Yuilles Road, Mornington has sold for $750,000. Congratulations to both the vendors and buyer on this successful transaction.

Selling agent Jamie Stuart said, “The campaign generated significant interest given the freehold opportunity with a great underlying tenant in place.

Investors were drawn to the security of the lease, together with the opportunity to add-value to the site down the track. Co-selling agent Tanya Scagliarini said, “The yield of 4.4% continues to show the strength and depth of the local market in Mornington.”

The improvements provided a straightforward 212sqm* modest height warehouse with standalone land area of 583sqm*. The land value rate equated to $1,286/m2*

Thank you to everyone who showed interest. If you are looking to buy or sell, get in touch with our leading commercial property team. Here to provide you with the best property solutions for your future.

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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