21-30/27 Progress Street, Mornington, Vic 3931

parkingSpaces 2
|Industrial/Warehouse
|Offices
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Published on: 15 Aug 2024
Last updated on: 05 Sep 2024
21-30/27 Progress Street, Mornington, Vic 3931
21-30/27 Progress Street, Mornington, Vic 3931
21-30/27 Progress Street, Mornington, Vic 3931
+11
21-30/27 Progress Street, Mornington, Vic 3931
  • 11
Property ID: 504664488
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Key property information

Land Size
1,059.00 m2
Floor Area
417.00 m2
Parking Spaces
2
Tenure Type
tenanted

Cash Cow

21-30/27 Progress Street, Mornington, Vic 3931
To be sold as a whole, Nichols Crowder are pleased to be offering to the market ten (10) separate titles comprising of nine (9) mini warehouses plus individually titled office of 45sqm*.

There is also an onsite shipping container that is leased for storage and will remain with the property.

With all 10 units currently leased the property has had over 13 years of consistent rental income.

The property is easy to self-manage with its own google website (5 stars) and direct mobile enquiry line. If self-manage is not for you the property can remain with an agent.    

The work has all been done and presents immaculate and freshly painted, this is what you would class as a very low maintenance property. 

Each of the 9 warehouses have a single-entry door plus roller door, power and lighting, all 9 units have access to on-site common toilets.

The office has a very appealing facade with 2 undercover designated car spaces, glass frontage, kitchen, bathroom and internet. 

Currently returning a steady income of $100,111.92 per annum + GST (gross). 

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.

Property Details

Basic Info

Property Type
Industrial/WarehouseOffices
Listing Status
On Market
Parking Spaces
2
Land Size
1,059.00 m2
Address
21-30/27 Progress Street, Mornington, Vic 3931
Tanya Scagliarini
Tanya Scagliarini
Tristan Cummings
Tristan Cummings
4/230 Main Street, Mornington, Vic 3931
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Email enquiry to Nichols Crowder - MORNINGTON

Tanya Scagliarini
Tanya Scagliarini
Tristan Cummings
Tristan Cummings
4/230 Main Street, Mornington, Vic 3931
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      Property ID: 504664488

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