SOLD PRIOR TO AUCTION - 5 Main Street, Mornington

SOLD PRIOR TO AUCTION – 5 Main Street, Mornington

June 3, 2021

YOUR MAIN OFFICE OPPORTUNITY

5 Main Street, Mornington

Just 200 metres from the beach, a 2-storey office block at 5 Main Street, Mornington has sold prior to auction for $4.855 million.

Purchased by Investor Rodney Kagan of The Probe Group, the 590sqm building on land of 378sqm was offered to the market for the first time in 35 years!

Jamie Stuart (Branch Manager Mornington Peninsula Office) states, “Main St Mornington has historically been one of Victoria’s strongest performing retail strips with extremely low vacancy levels. Since November 2020, we have seen dramatic take up of premises for Lease with minimal incentives being offered. In contrast to other parts of Greater Melbourne, this shows the continual resilience of this vibrant part of the Mornington Peninsula and why we have seen the growth in demand, together with record sale prices being achieved for our clients.”

Jamie Stuart

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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