Stonebridge Property Group is pleased to present for sale the Mornington Village Shopping Centre, a double supermarket anchored neighbourhood shopping centre in a trophy Victorian location.
Mornington Village Shopping Centre comprises of a highly convenient shopping centre, anchored by Woolworths and Aldi and supported by an excellent mix of food, convenience and medical tenants with value add upside.
The property is located in the coveted Mornington Peninsula, a dense and affluent peninsula suburb, approximately 53km south east of the Melbourne CBD.
The key highlights of the opportunity include:
+ Woolworths & Aldi anchored neighbourhood shopping centre (7,812sqm GLAR*)
+ Convenience and services focused tenancy mix including The Reject Shop, Pharmasave, Medical Centre, 14 specialty shops and 3 kiosks
+ Trophy Mornington Peninsula location – Victoria’s premier lifestyle, sea change and tourism destination
+ Prime town centre position, with an outstanding parking provision of over 668* total centre and council car spaces
+ 1.3 hectare* site with 3 street frontages
+ Significant value-add opportunities and flexible zoning providing future development potential (STCA)
+ Fully leased net income of $2.0 million p.a.
*approx
Mornington Village Shopping Centre is for sale by Expressions of Interest (EOI) closing Thursday 8th April 2021 at 5 pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents Stonebridge Property Group.
Justin Dowers
0438 098 805
Kevin Tong
0422 848 818
Philip Gartland
0403 582 324
