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831 - 833 Nepean Highway, Mornington, VIC, 3931

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831 - 833 Nepean Highway, Mornington, VIC, 3931

Mornington

SOLD
831 - 833 Nepean Highway, Mornington, VIC, 3931

831 - 833 Nepean Highway, Mornington, VIC, 3931

Properties / Sold / Victoria / Mornington
Tenanted Investment
Selling Method
EOI
Selling Details
EOI Closing Thursday 20th March 2025 at 4:00pm
Land Area
1,735 m² (*approx)
Floor Area
860 m² (*approx)
Property Type
Industrial, Other
Show All
LOCATION LOCATION LOCATION!
  • Secure Tenant
  • Main Road Location
  • Invest for Future Development or Occupy

FIRST TIME OFFERED FOR SALE

For Sale By EXPRESSION OF INTEREST Closing Thursday the 20th of March 2025 at 4:00PM

Collins Commercial & Industrial is delighted to bring to market for the first time, the Gordon Glass factory and showroom in the heart of Mornington.

This premium property is in a prime location with main road exposure. It is perfect for buying as an investment for future development or to occupy. 831 - 833 Nepean Highway Mornington is to be sold by Expressions of Interest closing Thursday 20th March 2025 at 4PM.

KEY PROPERTY FEATURES:

Main Road Location

Secure Tenant

Current use: retail & storage of glass products

Two separate titles

EOI closing Thursday 20th March, 2025 at 4PM

BUILDING AREA: 860 sqm*

SITE AREA: 1,735 sqm*

RENTAL: $104,551 per annum + GST

OUTGOINGS: Payable by Tenant

LEASE COMMENCEMENT: July, 2022

LEASE EXPIRY: July, 2027

OPTION PERIOD: 5 + 5 years

ANNUAL REVIEWS: 3.5% and then Market Review applicable at the commencement of every option period.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

831 - 833 Nepean Highway Investment Summary

Property Type
Industrial, Other
Land Area
1,735 m² (*approx)
Floor Area
860 m² (*approx)
Selling Method
EOI
Selling Details
EOI Closing Thursday 20th March 2025 at 4:00pm

Investment Highlights

LOCATION LOCATION LOCATION!
  • Secure Tenant
  • Main Road Location
  • Invest for Future Development or Occupy

FIRST TIME OFFERED FOR SALE

For Sale By EXPRESSION OF INTEREST Closing Thursday the 20th of March 2025 at 4:00PM

Collins Commercial & Industrial is delighted to bring to market for the first time, the Gordon Glass factory and showroom in the heart of Mornington.

This premium property is in a prime location with main road exposure. It is perfect for buying as an investment for future development or to occupy. 831 - 833 Nepean Highway Mornington is to be sold by Expressions of Interest closing Thursday 20th March 2025 at 4PM.

KEY PROPERTY FEATURES:

Main Road Location

Secure Tenant

Current use: retail & storage of glass products

Two separate titles

EOI closing Thursday 20th March, 2025 at 4PM

BUILDING AREA: 860 sqm*

SITE AREA: 1,735 sqm*

RENTAL: $104,551 per annum + GST

OUTGOINGS: Payable by Tenant

LEASE COMMENCEMENT: July, 2022

LEASE EXPIRY: July, 2027

OPTION PERIOD: 5 + 5 years

ANNUAL REVIEWS: 3.5% and then Market Review applicable at the commencement of every option period.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment

Property Location of 831 - 833 Nepean Highway, Mornington, VIC, 3931

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Mornington Suburb Report About this data Demographic data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census and reflect conditions at the time of collection.

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Finance Calculator

831 - 833 Nepean Highway, Mornington, VIC, 3931

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Step 1

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Estimated Purchase Price $x,xxx,xxx
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Your Contribution: $x,xxx,xxx
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LVR: $x,xxx,xxx
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Loan Analysis

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831 - 833 Nepean Highway, Mornington, VIC, 3931 Mornington
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