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Positioned in the heart of Mornington's blue-chip retail precinct, 8/216 Main Street presents an exceptional investment opportunity.
Fully leased to Brae Bree Pty Ltd T/A Body Fit Training (BFT) on a 5+5 year term commencing November 2024, this strata-titled property returns $75,000 p.a. + GST with fixed annual increases of 3% and a market review at option.
Comprising 270sqm* of well-appointed open-plan space with bay views and dual access, this Commercial 1 Zoned asset offers strong tenant covenant, capital growth potential, and consistent income. Located metres from Coles, Woolworths and ALDI, opportunities like this in tightly held Mornington are rarely offered to market.
Key features include:
* Total building area: 270sqm*
* Securely leased with options to 2034
* Main Street frontage
* Rear access to the council car park
* Annual net income: $75,000 per annum plus GST
* 5 + 5 year lease (Commenced November 2024)
* Staff and customer amenities
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.
* 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
Positioned in the heart of Mornington's blue-chip retail precinct, 8/216 Main Street presents an exceptional investment opportunity.
Fully leased to Brae Bree Pty Ltd T/A Body Fit Training (BFT) on a 5+5 year term commencing November 2024, this strata-titled property returns $75,000 p.a. + GST with fixed annual increases of 3% and a market review at option.
Comprising 270sqm* of well-appointed open-plan space with bay views and dual access, this Commercial 1 Zoned asset offers strong tenant covenant, capital growth potential, and consistent income. Located metres from Coles, Woolworths and ALDI, opportunities like this in tightly held Mornington are rarely offered to market.
Key features include:
* Total building area: 270sqm*
* Securely leased with options to 2034
* Main Street frontage
* Rear access to the council car park
* Annual net income: $75,000 per annum plus GST
* 5 + 5 year lease (Commenced November 2024)
* Staff and customer amenities
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.
* 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
8/216 Main Street, Mornington, VIC, 3931
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
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
Yield Calculator
Yield Calculator
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
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
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
