Watch Watch
Your home of Commercial Ready videos
Watch Watch
Back
Sold Check

48 Main Street, Mornington, VIC, 3931

+18 Photos
/
Images
Close

48 Main Street, Mornington, VIC, 3931

Mornington

×
Sold Check
+20 Photos

48 Main Street, Mornington, VIC, 3931

Mornington

SOLD
48 Main Street, Mornington, VIC, 3931

48 Main Street, Mornington, VIC, 3931

Properties / Sold / Victoria / Mornington
Tenanted Investment
Selling Method
Auction
Selling Details
On-site Public Auction- 26th February at 12:30pm
Land Area
260 m² (*approx)
Floor Area
187 m² (*approx)
Property Type
Retail, Land, Offices
Est. Income
$92,678 p/a
Show All
Your Main Investment Opportunity

AUCTION WEDNESDAY 26TH FEBRUARY AT 12.30PM ON-SITE

Nichols Crowder is pleased to offer 48 Main Street, Mornington for sale via public on-site auction on 26th February at 12:30pm.

The key highlights of the opportunity include:

- 100% leased to National tenant 'Blue Illusion' with over 100 stores across Australia and New Zealand

- Long standing tenant of over 15 years with options until 2030

- Significant 260sqm* site with surplus rear land (accessed via laneway) and dual street frontages

- Ideally positioned within the heart of Main Street, Mornington, surrounded by other national businesses, boutique retailers, renowned cafes and restaurants

- Prominent building of some 187qm* with over 7m of valuable frontage to Main Street

- The tenancy provides a net annual income of $92,678 + GST (as at 15th December 2024)

- Favourable Commercial 1 Zoning with future development upside of three (3) levels or 11m* STCA

Property is being sold via public on-site auction on Wednesday 26th February at 12:30pm.

To access the Dataroom for a copy of the Contract of Sale and Section 32, please use the link below:

https://cr.instadocs.com.au/invite/28091/open

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

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

Read More
Tenanted Investment
Tenanted Investment

48 Main Street Investment Summary

Property Type
Retail, Land, Offices
Est. Income
$92,678 p/a
Land Area
260 m² (*approx)
Floor Area
187 m² (*approx)
Selling Method
Auction
Auction Date
26 Feb 2025 12:30PM
Selling Details
On-site Public Auction- 26th February at 12:30pm

Investment Highlights

Your Main Investment Opportunity

AUCTION WEDNESDAY 26TH FEBRUARY AT 12.30PM ON-SITE

Nichols Crowder is pleased to offer 48 Main Street, Mornington for sale via public on-site auction on 26th February at 12:30pm.

The key highlights of the opportunity include:

- 100% leased to National tenant 'Blue Illusion' with over 100 stores across Australia and New Zealand

- Long standing tenant of over 15 years with options until 2030

- Significant 260sqm* site with surplus rear land (accessed via laneway) and dual street frontages

- Ideally positioned within the heart of Main Street, Mornington, surrounded by other national businesses, boutique retailers, renowned cafes and restaurants

- Prominent building of some 187qm* with over 7m of valuable frontage to Main Street

- The tenancy provides a net annual income of $92,678 + GST (as at 15th December 2024)

- Favourable Commercial 1 Zoning with future development upside of three (3) levels or 11m* STCA

Property is being sold via public on-site auction on Wednesday 26th February at 12:30pm.

To access the Dataroom for a copy of the Contract of Sale and Section 32, please use the link below:

https://cr.instadocs.com.au/invite/28091/open

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

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

Read More

Supporting Information

The links below will open a new tab

Tenanted Investment

Finance Calculator

48 Main Street, Mornington, VIC, 3931

Secure/no obligation

Step 1

Loan Variables

Adjust the inputs to explore your indicative finance options.

Estimated Purchase Price: $x,xxx,xxx
What you intend to pay for the property
Your Contribution: $x,xxx,xxx
The amount you’re investing
LVR: $x,xxx,xxx
Loan to Value Ratio

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

Estimated Purchase Price:
Your expected purchase price. Final lender valuation may differ and will affect LVR and borrowing.
$x,xxx,xxx
Your Contribution:
Your funds toward the purchase (savings/equity/gift). Does not include costs like duty, legals or LMI.
$xxx,xxx
Loan to Value Ratio:
Calculated as Loan ÷ Price. Guidance only. Lender policy caps vary by property type, location and borrower profile.
xx%
Loan Amount:
Estimated loan based on your inputs. Excludes fees, LMI and costs. Subject to credit assessment and valuation.
$xxx,xxx
Interest Only: Monthly Repayments
Estimate using interest-only at 5.85% p.a. Excludes fees. Rates can change without notice.
in full report
Principal & Interest: Monthly Repayments
Estimate at 5.85% p.a. over 15 years, monthly compounding. Excludes fees/LMI. Rates may change.
in full report
Stamp Duty: victoria
Indicative rate for victoria. Concessions/exemptions (e.g., first home) may apply and change the amount.
in full report
Stamp Duty Cost:
Estimate only. Check SRO victoria for the latest rules and any concessions that may reduce this figure.
in full report

Property Location of 48 Main Street, Mornington, VIC, 3931

Property Map
48 Main Street, Mornington, VIC, 3931 Mornington
calculator-icon Yield Calculator
calcultor-icon Yield Calculator