Excellent Mornington Supermarket Investment

• Leased to long established business of over 40 years
• Busy boutique Supermarket and Liquor outlet trading as Foodworks
• Returning $61,065 per annum plus GST
• Fixed annual rental increases
• Land area: 423sqm approx.
• Building area: 400sqm approx.
• Wide double frontage of 14.63 metres approx. to Robertson Drive
• Rear access via right of way
• Ample on street parking for customers
• Commercial 1 Zone
• Positioned just off Nepean Highway in popular Peninsula suburb
• Convenient neighborhood location suited to a supermarket use. Surrounded by schools, parks, community amenities, medical facilities and a large residential catchment
• Future value add and/or sub-division potential (stca)
• Terms: 10% deposit, balance 60 days
• Rare affordable freehold investment opportunity with upside

FOR SALE BY PUBLIC AUCTION: FRIDAY 4th MAY AT 2:30pm ON SITE