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