147 Main Street, Mornington, VIC, 3931

Nichols Crowder is proud to offer this prime retail investment positioned within the heart of Mornington's vibrant commercial strip.

Benefiting from strong foot traffic and surrounded by well-established retailers and hospitality operators, the property presents a compelling opportunity for investors seeking a secure, long-term holding.

The property is leased to Michelle-Ann Bras & Swimwear, an institution in Mornington having been in business in the area for 58 years. The tenancy provides consistent income with future upside.

Key features include:

* Total building area: 353sqm*

* Current rental $145,344 p.a.

* Secure 3 + 3 + 3 year lease (Com. 1st Sept 2024)

* 3% annual rental increases & market review at the option/s.

* Onsite amenities

* Rear loading bay access

This offering combines location, tenant security and rental uplift within a tightly held and consistently performing retail precinct.

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.

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