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56 Yuilles Road, Mornington, VIC, 3931

2. Property Highlights

Industrial Investment with Value-Add Potential

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 7TH SEPTEMBER AT 2PM

Prominently positioned on Yuilles Road and situated within the core of Mornington's Industrial estate.

This standalone freehold is securely leased to a well-established business, offering excellent security to the investor with value-add potential (STCA).

Key features include:

* Building area: 212sqm*

* Land area: 583sqm*

* Quality tenant Trading as Foam Fast

* Secure 3 x 3 year lease (com. March 2022)

* Annual income: $32,960 plus GST and outgoings

* Solid annual rental increases

* Impressive improvements

* Clear-span warehouse

* Electric roller door

* 3 phase power

* Secure rear yard with 3m x 3m shed

* Abundance of off- street car parking

* Favourable Industrial 3 Zone

For further information or to arrange an inspection, please contact:

Jamie Stuart

Tanya Scagliarini

PLEASE NOTE:

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

Remember to mention you found this property on CommercialReady

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3. Property Location

56 Yuilles Road, Mornington, VIC, 3931

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4. Due Diligence

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