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3/19 Bruce Street, MORNINGTON VIC, 3931

Sold
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Property Sold in 3/19 Bruce Street, MORNINGTON VIC, 3931

Nichols Crowder (Carrum Downs)

Level 1, 1 Colemans Road, Carrum Downs, VIC 3201

Listing ID:
11133212
Status:
Sold
Last Updated:
20/05/2020
Price:
Contact Agent
Icon building

Property Type

Offices
Icon square

Land Area

N/A
Icon size

Floor Area

650 SQM
Icon parking

Parking

N/A

Investment Opportunity

Situated in the heart of Mornington's Industrial Estate and within close proximity to the Main Street, Nepean Highway, Mornington Tyabb Road and Peninsula Link Freeway. Be a part of Mornington's future.

Modern tilt slab office development situated in the prestigious "Woodpecker" Homemaker Centre.

Building comprises multiple office tenancies. Total building area 650m2 (approx.) over 2 levels. The current total rental is $104,598 p.a (Gross) less estimated outgoings of $7,878 p.a bringing a total Net rental of $96,720 p.a (approx.) which will show an investor a yield of 8% (approx.).

Car parking is common throughout the development.

Additional scope for further development (S.T.C.A).

Ideally would suit a professional business that could potentially occupy part and receive income on the balance. Alternatively a great straight forward investment with positive cash flow.

For more details, please email agent

Nichols Crowder (Carrum Downs)

Level 1, 1 Colemans Road, Carrum Downs, VIC 3201


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