12-16 Milgate Drive,
Mornington, VIC 3931
Warehouse, Factory & Industrial • Showrooms & Large Format Retail • Shops & Retail
Price information
Sold
$2,100,000
Key property information
Floor area
Car spaces
Property extent
Tenure type
Sold on
Map of 12-16 Milgate Drive
PRIME OFFICE/WAREHOUSE INVESTMENT IN MORNINGTON
CBRE in conjunction with Nichols Crowder, are pleased to present 12-16 Milgate Drive, Mornington, available for sale.
This modern 1,143sqm* office and warehouse comprises a two level office space, clear span showroom and amenities. The property is within the rapidly growing commercial precinct of Mornington providing further scope for upside.
The building has immediate access to Eastlink and the CBD and is located adjacent to some of the largest national tenants including Reece Plumbing, Total Tools, Nissan and Audi.
Positioned 54km* from Melbourne, the property is situated in one of the most tightly held commercial precincts in Victoria.
Features include:
+ Total area: 1,143sqm*
+ 10 car spaces
+ Modern open plan two-level office
+ Alarm
+ Showroom
+ Great natural light
+ Access to major arterials
Lease particulars:
+ Securely leased to Ballet Makers Australia Pty Ltd trading as Capezio
+ Tenant has occupied the same premises for over 5 years
+ New lease term of five (5) years commencing August 2018
+ Rental return: $120,000 pa plus outgoings and GST
+ Annual increases: 4%
*approx.
This modern 1,143sqm* office and warehouse comprises a two level office space, clear span showroom and amenities. The property is within the rapidly growing commercial precinct of Mornington providing further scope for upside.
The building has immediate access to Eastlink and the CBD and is located adjacent to some of the largest national tenants including Reece Plumbing, Total Tools, Nissan and Audi.
Positioned 54km* from Melbourne, the property is situated in one of the most tightly held commercial precincts in Victoria.
Features include:
+ Total area: 1,143sqm*
+ 10 car spaces
+ Modern open plan two-level office
+ Alarm
+ Showroom
+ Great natural light
+ Access to major arterials
Lease particulars:
+ Securely leased to Ballet Makers Australia Pty Ltd trading as Capezio
+ Tenant has occupied the same premises for over 5 years
+ New lease term of five (5) years commencing August 2018
+ Rental return: $120,000 pa plus outgoings and GST
+ Annual increases: 4%
*approx.
Property ID: 502816170Last Updated: 11 Apr 2023
04392505...
12-16 Milgate Drive
Mornington, VIC 3931
CBRE - MelbourneLevel 34, 8 Exhibition Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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