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2 St Catherines Court Mornington, VIC 3931

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2 St Catherines Court,
Mornington, VIC 3931

Offices • Development Sites & Land

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Map of 2 St Catherines Court

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Secure Mornington Investment Freehold

  • Secure long-term income from YMCA
  • Location within major growth corridor
  • Substantial land holding of 3,796m2
Your – Mornington – Commercial – Asset

An outstanding investment opportunity with a secure lease to YMCA Aquatic Education Ltd

15 year + 10 year + 10 year lease commenced October 2011

Established business that has been servicing the region for over 25 years

Currently returning $356,079 p.a. net (increasing to $366,672 p.a. net from 1st July 2017)

Substantial land holding of 3,796m2 (GRZ1) including an 81m frontage to Monington-Tyabb Road

Significant improvements on the property, comprising commercial offices, call centre and swimming school.

Close proximity to Mornington shopping precinct, schools, medical and aged care facilities

For sale via Expressions of Interest Closing Wednesday 22nd March 2017 at 3pm

Additional information

Property ID: 502297718Last Updated: 18 May 2017

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2 St Catherines Court
Mornington, VIC 3931
Fitzroys - Melbourne
Level 27, 360 Collins Street
MELBOURNE, VIC 3000

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