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Auction - 157 Main Street and 1 Barrett Lane, MORNINGTON, VIC 3931

Investment (), Retail

Exceptional Mornington Opportunity

Auction: 20/09/2017 12:00:00 PM

Property ID: 10144 Price: Contact Agent Building: 250m²

Property Description

Two Shops Plus Apartment Offered Together On One Title

Absolute prime Main Street location
Combined rental: $102,668 per annum plus outgoings
Strong rental growth prospects
Land Area: 280sqm approx.
Excellent further development and subdivision potential (stca)
Prominently positioned within hugely successful retail precinct surrounded by a number of Australia’s largest retailers
Two street frontages

157 Main Street
• Tenant: Biscottini Cafe
• Lease term: 3 years
• Rental: $64,272 per annum

1 Barrett Lane (includes 2 bedroom first floor apartment)
• Tenant: Onde Café
• Lease term: 3 x 3 years
• Rental: $38,396 per annum

Rare opportunity within tightly held and highly sought after location

FOR SALE BY PUBLIC AUCTION - WEDNESDAY 20th SEPTEMBER at 12pm

Components

Name Naber's Building Land Rent (p.a.) Price
Total N/A 250m2 N/A N/A Contact Agent

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Property Overview

Property ID
10144

Price
Contact Agent

Building
250m²

Consultant Details
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