784-786 Esplanade,
Mornington, VIC 3931
Development Sites & Land • Hotel, Motel & Leisure • Shops & Retail
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Map of 784-786 Esplanade
Prime Investments with significant Development Upside
IDEALLY SITUATED ON THE ESPLANADE WITH UNINTERUPTED BAY VIEWS The Properties combine to forma wide Esplanade frontage of 30 Metres on a site area of 1003 Sqm.
There is a current Planning Permit to construct a three level + Basement comprising of 13 Boutique Apartments plus ground floor retail ideal for Restaurants and Cafes.
The properties are Securely leased and are currently returning $236,644 per annum. A 12 Month Development Break Clause is containd within the lease to facilitate the future development of the property.
There is a current Planning Permit to construct a three level + Basement comprising of 13 Boutique Apartments plus ground floor retail ideal for Restaurants and Cafes.
The properties are Securely leased and are currently returning $236,644 per annum. A 12 Month Development Break Clause is containd within the lease to facilitate the future development of the property.
Property ID: 500797307Last Updated: 12 Mar 2014
03 9699 75...
784-786 Esplanade
Mornington, VIC 3931
Lemon BaxterLevel 1, 68 Clarke Street
SOUTH MELBOURNE, VIC 3205
SOUTH MELBOURNE, VIC 3205
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