48 Main Street, Mornington, Vic 3931

AUCTION WEDNESDAY 26TH FEBRUARY AT 12.30PM ON-SITE

Nichols Crowder is pleased to offer 48 Main Street, Mornington for sale via public on-site auction on 26th February at 12:30pm.

The key highlights of the opportunity include:

- 100% leased to National tenant 'Blue Illusion' with over 100 stores across Australia and New Zealand

- Long standing tenant of over 15 years with options until 2030

- Significant 260sqm* site with surplus rear land (accessed via laneway) and dual street frontages

- Ideally positioned within the heart of Main Street, Mornington, surrounded by other national businesses, boutique retailers, renowned cafes and restaurants

- Prominent building of some 187sqm* with over 7m of valuable frontage to Main Street

- The tenancy provides a net annual income of $92,678 + GST (as at 15th December 2024) 

- Favourable Commercial 1 Zoning with future development upside of three (3) levels or 11m* STCA

Property is being sold via public on-site auction on Wednesday 26th February at 12:30pm.

To access the Dataroom for a copy of the Contract of Sale and Section 32, please use the link below:

https://cr.instadocs.com.au/invite/28091/open

For further information or to arrange an inspection, please contact the listing agent.

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.