143 Main Street & Shop 3/59 Barkly Street, Mornington, VIC, 3931

Nichols Crowder is pleased to present this exceptional retail investment, forming part of Mornington's tightly held "Centre Point" precinct.

Occupying the most prominent corner position on Main Street, Farrell's Bookshop benefits from strong exposure and consistent pedestrian and vehicular traffic, surrounded by established retailers, cafés and lifestyle operators.

Securely leased, the property provides reliable income with built-in rental growth. The current rental is scheduled to increase to $213,458 per annum from 1st August 2026, further enhancing its investment appeal.

Key features include:

* Offering two titles, securely leased to one of the most longstanding and highly regarded businesses in Mornington

* Total building area: 256sqm* (190sqm* + 66sqm*)

* Current rental of $205, 248 p.a. (increasing to $213,458 p.a. - 1st Aug 2026)

* Offering a 5 + 5-year lease (com. 1st Aug 2023)

* 4% annual increases and market review at the option period

This is a rare opportunity to secure a premium holding in one of Mornington's most sought-after retail locations.

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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