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83 Watt Road Mornington, VIC 3931

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83 Watt Road,
Mornington, VIC 3931

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Thriving Restaurant with Rental Growth

  • Secure 6 Year Lease Plus Options to 2035
  • Fixed 4% Increases
  • Quality Capital Intensive Fit-Out
Secure 6 year lease to 2020 plus options through to 2035.
Fixed 4% increases and Market at options.
Tenant pays usual outgoings as per lease.
New quality 179 sqm premises with capital intensive tenant fit-out.
Central 471 sqm corner site, which includes alfresco dining and 43 metres road exposure.
9 car spaces on title, plus 6 on license agreement.
Positioned 'Front & Centre' of Peninsula Business Park - 52 Units (Stage 2 under construction), with exclusive café rights.
Mornington Peninsula: Victoria's premier tourism destination generating over $1 billion annually.
Rent: $55,848 pa (Sept 2016).

Interstate and local bidding by prior arrangement.

Auction 11am Wednesday 29th June
River Room, Crown Casino, Melbourne

Property ID: 501980582Last Updated: 9 Sep 2016

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83 Watt Road
Mornington, VIC 3931
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000

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