3 PRIME INVESTMENTS

Shops 1 - 4 / 16 - 18a Main Street, Mornington VIC 3931

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SOLD

Property Description

Shops 1 - 4 / 16 - 18a Main Street, Mornington VIC 3931

Russell Murphy Real Estate & Vinci Carbone Property are pleased to be able to offer for sale these three (3) magnificent retail investments situated on Main Street, Mornington in the heart of the Mornington Peninsulas most vibrant retail and tourist precinct.

The three (3) investment opportunities are all offered with 10 year leases from 2019 to thriving eateries that are well patronised by locals and visitors to the Mornington Peninsula.

The properties comprise the ground floor retail component of the award winning Miramar Building which was completed in 2019.

Key highlights:
- The four (4) shops are fully leased on 10 year leases from 2019
- Tio Tapas Y Vino returning $108,736 pa* (net)
- Okami returning $180,680 pa* (net)
- La Sorella returning $200,461 pa* (net)
- Areas: 16 Main St (Shop 1): 136 sqm*, 16a-18 Main St (Shops 2 & 3): 236 sqm*, 18a Main St (Shop 4): 250 sqm*
- Frontages: 16 Main St (Shop 1): 10 m*, 16a-18 Main St (Shops 2 & 3): 18 m*, 18a Main St (Shop 4): 20 m*
- Basement parking is available for 5 cars
- Prominent corner position
- Tax depreciation benefits
- Well patronised businesses
- Miramar - award winning building completed in 2019

*approx

Contact Agent

Russell Murphy

0407 839 184

Property Details

Property Type

Business & Commercial

Car Spaces

Bedrooms

Number of Storeys

Bathrooms

Size

Property Location

Shops 1 - 4 / 16 - 18a Main Street, Mornington VIC 3931