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2. Property Highlights

High Exposure Investment

Morley is pleased to offer for sale this high exposure investment leased to well established operators "Lydford & Co"

5 + 5 + 5 + 5 year lease

Rental: $109,200 + GST + Outgoings (excl. Land Tax)

Fixed 4% annual increases

Fully refurbished building with high quality existing fit out

Substantial land area of 443 sqm (approx.) on 2 titles

High exposure site with three (3) frontages

Huge future development potential

Ability to increase revenue via external advertising signage (STCA)

Surrounded by important public infrastructure including Mentone Train Station, Moorabbin Airport, and within close proximity to national retailers including Coles, Woolworths, ALDI, Bunnings, Officeworks and Petbarn

Mentone is an affluent bayside suburb with a median house price of $1,447,500 (REA March 2023)

Remember to mention you found this property on CommercialReady

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3. Property Location

114-116 Nepean Highway, Mentone, VIC, 3194

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4. Due Diligence

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114-116 Nepean Highway, Mentone, VIC, 3194 Mentone
Level 4, Building 5, 658 Church Street, Richmond VIC 3121
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