1016 Mornington Flinders Road,
Red Hill, VIC 3937
Shops & Retail • Development Sites & Land • Offices
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Map of 1016 Mornington Flinders Road
Standalone Retail Investment in Red Hill
Shops 1, 2 & 3
Three (3) Retail Shops on One (1) title in this tightly held commercial strip.
Positioned on the corner of Collins Street and Mornington Flinders Road, this rare investment opportunity with three separate and securely leased tenancies ticks every investment box with the added benefit of future value-add development potential (STCA).
The three shops are leased to incredible tenants who have all recently secured their tenancies.
Offering over 1000 sqm* of Commercial 1 zoned land and 220 sqm* of building area. Opportunities like these are as rare as they come.
Key features include:
* Shop 1: 75 sqm* $24,360 per annum plus GST plus outgoings
* Shop 2: 75 sqm* $25,000 per annum plus GST plus outgoings
* Shop 3: 70 sqm* $25,837 per annum plus GST plus outgoings
Total income: $75,197 per annum plus GST plus outgoings
For further infomation or to arrange an inspection, please contact:
Jamie Stuart 0412 565 5...
PLEASE NOTE:
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.
Three (3) Retail Shops on One (1) title in this tightly held commercial strip.
Positioned on the corner of Collins Street and Mornington Flinders Road, this rare investment opportunity with three separate and securely leased tenancies ticks every investment box with the added benefit of future value-add development potential (STCA).
The three shops are leased to incredible tenants who have all recently secured their tenancies.
Offering over 1000 sqm* of Commercial 1 zoned land and 220 sqm* of building area. Opportunities like these are as rare as they come.
Key features include:
* Shop 1: 75 sqm* $24,360 per annum plus GST plus outgoings
* Shop 2: 75 sqm* $25,000 per annum plus GST plus outgoings
* Shop 3: 70 sqm* $25,837 per annum plus GST plus outgoings
Total income: $75,197 per annum plus GST plus outgoings
For further infomation or to arrange an inspection, please contact:
Jamie Stuart 0412 565 5...
PLEASE NOTE:
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 ID: 503828778Last Updated: 5 Jun 2024
Nichols Crowder - MORNINGTON
4/230 Main StreetMORNINGTON, VIC 3931
04125655...
1016 Mornington Flinders Road
Red Hill, VIC 3937
Nichols Crowder - MORNINGTON4/230 Main Street
MORNINGTON, VIC 3931
MORNINGTON, VIC 3931
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