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AUCTION 4TH MARCH AT 12PM ON-SITE.
Occupying what many regard as Mornington's most prominent retail corner, the property represents a rare opportunity to secure a landmark commercial investment in the heart of Mornington.
With outstanding exposure across two streets, Centre Point is surrounded by some of Mornington's most established retailers, cafés and lifestyle operators, benefitting from constant passing foot and vehicle traffic.
The asset is securely underpinned by three (3) respected, secure and stable tenants, providing a reliable income stream. Combined with its substantial holding and prime, tightly held location, the property offers immediate investment appeal and the ability to benefit from future growth, driven by ongoing demand in the precinct.
Auction: Wednesday 4th March at 12pm on-site
Key features include:
* First time ever offered to the market
* Four (4) titles to be sold as one
* Total building area: 675sqm*
* 39m* of frontage to Main Street & Barkly Street
* Multi-tenanted investment with 3 stable and secure tenancies
* Income of $390,192 p.a. + GST + outgoings
* Mornington's best retail corner
* Positioned only 50 minutes from Melbourne CBD and boasts two neighbourhood shopping centres within 200m*
For further information or to arrange an inspection, please contact the listing agents.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
Remember to mention you found this property on CommercialReady
AUCTION 4TH MARCH AT 12PM ON-SITE.
Occupying what many regard as Mornington's most prominent retail corner, the property represents a rare opportunity to secure a landmark commercial investment in the heart of Mornington.
With outstanding exposure across two streets, Centre Point is surrounded by some of Mornington's most established retailers, cafés and lifestyle operators, benefitting from constant passing foot and vehicle traffic.
The asset is securely underpinned by three (3) respected, secure and stable tenants, providing a reliable income stream. Combined with its substantial holding and prime, tightly held location, the property offers immediate investment appeal and the ability to benefit from future growth, driven by ongoing demand in the precinct.
Auction: Wednesday 4th March at 12pm on-site
Key features include:
* First time ever offered to the market
* Four (4) titles to be sold as one
* Total building area: 675sqm*
* 39m* of frontage to Main Street & Barkly Street
* Multi-tenanted investment with 3 stable and secure tenancies
* Income of $390,192 p.a. + GST + outgoings
* Mornington's best retail corner
* Positioned only 50 minutes from Melbourne CBD and boasts two neighbourhood shopping centres within 200m*
For further information or to arrange an inspection, please contact the listing agents.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
Remember to mention you found this property on CommercialReady
143-147 Main Street, Mornington, VIC, 3931
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
Estimated Purchase Price:
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
