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1192-1196 Nepean Highway, Mount Eliza, VIC, 3930

2. Property Highlights

Mornington Peninsula Gateway Reception Centre with Short-Term Holding Income & Picturesque Improvements
  • Occupy, Re-Purpose, Expand (STCA)
  • Accom On-site + Expansion Options
  • Multi-purpose Peninsula Facility

Stonebridge Property Group is pleased to present Grey Foxx Reception Centre, 1192-1196 Nepean Highway, Mt Eliza for sale via Expressions of Interest campaign (EOI).

Grey Foxx Reception Centre is a prime Mornington Peninsula landholding improved by a multi-purpose reception/function facility, accommodation and surplus rear land.

The property will be offered with short-term holding income suiting owner-occupation, value-add buyers, investors, landbankers or developers (STCA).

Key highlights of the property include:

- Existing improvements comprise a fully licensed reception centre including two licensed bars, expansive commercial kitchen including fridge & freezers and licensed multi-purpose deck

- Modest on-site accommodation with ability to expand accommodation options substantially due to rear underutilised land

- Substantial 6,291 sqm* landholding with 54 m* frontage and own slip lane off Nepean Highway

- Surrounded by retail amenity featuring Officeworks, Harris Scarfe, Early Settler Childcare Centre, Bunnings, Harvey Norman and JB Hi Fi (500 m*)

- Unrivalled lifestyle amenity including Mornington Golf Club (250 m*), Mornington Star Estate (650 m*), Mills Beach (1.75 km*), Mornington Racecourse (2.35 km*) and Mornington Tourist Railway (3.2 km*)

- Landholding can be used for bed and breakfast, rural store, camping and caravan park, dwelling, exhibition centre, function centre, group accommodation, leisure and recreation, market, place of assembly/worship, plant nursery, school and or residential hotel (STPA)

- Providing holding income

Grey Foxx is the opportunity to purchase a gateway Mornington Peninsula reception centre which provides access to coastwide affluent suburbs, world class wine region and Melbourne’s renowned family beaches.

Grey Foxx Reception Centre, 1192-1196 Nepean Highway, Mt Eliza, is for sale by Expressions of Interest closing Thursday 7th March 2024 at 2PM (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Max Warren

0488 296 892

Dylan Kilner

0459 396 341

Chao Zhang 张超

0411 625 068

 

*Approximately

Property Code: 840

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3. Property Location

1192-1196 Nepean Highway, Mount Eliza, VIC, 3930

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4. Due Diligence

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1192-1196 Nepean Highway, Mount Eliza, VIC, 3930 Mount Eliza
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