+7 Photos

SOLD

56 Yuilles Road, Mornington, VIC, 3931

Properties / Sold / Victoria / Mornington

Tenanted Investment

1. Property Summary

Selling Method

Expression of Interest

Selling Details

Contact Agent

Land Area

583 m² (*approx)

Floor Area

212 m² (*approx)

Property Type

Industrial

Sub-type

Office/Warehouse

Terms

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

Est. Income

$32,960 p/a

Fully Leased

Foam Fast

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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

Property Type

Industrial

Sub-type

Office/Warehouse

Est. Income

$32,960 p/a

Tenant

Foam Fast

Terms

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

Land Area

583 m² (*approx)

Floor Area

212 m² (*approx)

Selling Method

Expression of Interest

Selling Details

Contact Agent

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

56 Yuilles Road, Mornington, VIC, 3931 Mornington

Nichols Crowder - Mornington

4/230 Main Street, Mornington, Vic 3931

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Jamie Stuart

+61 *** *** *** show +61 412 565 562

Tanya Scagliarini

+61 *** *** *** show +61 438 289 859

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

56 Yuilles Road, Mornington, VIC, 3931