17 Main Street, Mornington, VIC, 3931

Nichols Crowder and Gross Waddell ICR are privileged to offer for sale 17 Main Street, Mornington via For Sale by Set Date closing Thursday 13th November at 2pm.

Positioned in the thriving premier food and entertainment precinct of Main Street, this superb two-level freehold retail investment offers 2 titles to be sold either as a whole or offered individually.

Key features include:

* Prime location, beach end of Main Street

* Surrounded by renowned eateries and retail boutiques

* Standalone two-level building of 290sqm* (over 2 titles)

* Generous land area of 190sqm* with R.O.W via council car park

* Two secure tenancies and leases in place to quality operators (option periods already exercised)

* Combined net income $138,227 p.a. + GST

* Favourable Commercial 1 Zoning, offering future development upside (STCA)

Ground Floor Tenancy- 1/17 Main Street, Mornington

* Building area: 145sqm*

* Tenanted by renowned local retail boutique - Artisan's Alley

* 3-year lease (intent to renew notice provided*)

* Net Income: $91,800 p.a. + GST (as at 1st July 2026)

* 3.5% annual increases and market review at option

* Strong security deposit and guarantees

First Floor Tenancy - 2/17 Main Street, Mornington

* Building area: 145sqm*

* Long-term tenant since 2016- Madeline Kate Brow & Skin Boutique

* 3-year lease with further 3-year option

* Net Income: $46,427p.a. + GST

* 4% annual increases and market review at option

The property is offered for sale via Sale by Set Date closing Thursday 13th November at 2pm.

For further information or to arrange an inspection, please contact the listing agents.

PLEASE NOTE:

* Tenant has provided letter of intent to renew their Lease. Please note, this does not constitute a formal exercise of option. Contact agents above for further information.

* 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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