Cafe Thirteen83, 13/83 Watt Road,
Mornington, VIC 3931
Shops & Retail • Warehouse, Factory & Industrial
Price information
Sold
Contact Agent
Key property information
Land area
Floor area
Property extent
Tenure type
Sold on
Burgess Rawson - Melbourne
Level 20, 150 Lonsdale StreetMELBOURNE, VIC 3000
Cafe Thirteen83, 13/83 Watt Road
Mornington, VIC 3931
Map of Cafe Thirteen83, 13/83 Watt Road
New 7 Year Lease to 2029 | Tightly Held & Fully Leased Industrial Precinct
- Proven Performer Established 2014
- Rare 4% Fixed Rent Increases
- Tenant Pays All Outgoings
+ New 7 year lease to 2029, plus options through to 2044.
+ Café Thirteen83: proven and reputable Mornington Peninsula café, trading 6 days per week, offering dine in, takeaway and catering options, est. 2014.
+ Rare 4% fixed annual rent increases, ensuring future rental growth.
+ Tenant pays all usual outgoings
+ Prime central 471sqm* corner site, which includes alfresco dining areas and 43 metres road exposure.
+ Modern spacious 179*sqm premises with enormous exposure
+ Strategic front and centre corner gateway position at entrance to a booming fully leased industrial estate, within 1.3*km of Coles, Pet Stock & Supercheap Auto.
+ Includes important 9 car spaces on-title, plus 6 additional licensed car spaces.
+ Single tenanted investment requiring minimal management.
+ Significant depreciation tax benefits.
+ Easily accessible via Tyabb Road & Nepean Highway, servicing a combined 44,790 vehicles daily.
+ Highly desirable Mornington Peninsula location.
+ Mornington Peninsula Shire: booming sea-change and tourism destination, current population of 172,235.
+ Net Income: $73,490* pa + GST
+ Café Thirteen83: proven and reputable Mornington Peninsula café, trading 6 days per week, offering dine in, takeaway and catering options, est. 2014.
+ Rare 4% fixed annual rent increases, ensuring future rental growth.
+ Tenant pays all usual outgoings
+ Prime central 471sqm* corner site, which includes alfresco dining areas and 43 metres road exposure.
+ Modern spacious 179*sqm premises with enormous exposure
+ Strategic front and centre corner gateway position at entrance to a booming fully leased industrial estate, within 1.3*km of Coles, Pet Stock & Supercheap Auto.
+ Includes important 9 car spaces on-title, plus 6 additional licensed car spaces.
+ Single tenanted investment requiring minimal management.
+ Significant depreciation tax benefits.
+ Easily accessible via Tyabb Road & Nepean Highway, servicing a combined 44,790 vehicles daily.
+ Highly desirable Mornington Peninsula location.
+ Mornington Peninsula Shire: booming sea-change and tourism destination, current population of 172,235.
+ Net Income: $73,490* pa + GST
Property ID: 504396348Last Updated: 19 Dec 2024
Burgess Rawson - MelbourneLevel 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Burgess Rawson - Melbourne
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Autobarn, 903 Nepean Highway,Mornington, VIC 3931 726 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Contact Agent
4 Watson Road,Mount Martha, VIC 3934 706 m²Shops & Retail • Medical & Consulting • Other