1. Home
  2. »
  3. Properties For Sale
  4. »
  5. Prime Investment With Permits Approved Development

71 Barkly Street, MORNINGTON VIC, 3931

For Sale
https://dduaaywsz-res-2.cloudinary.com/image/upload/v1601524748/hzm5e1rzvplgwyyihp9y.jpg

Property for Sale in 71 Barkly Street, MORNINGTON VIC, 3931

Nichols Crowder Property Solutions - Mornington

4/230 Main Street, Mornington, VIC 3931

Listing ID:
11365049
Status:
Active
For:
Sale
Last Updated:
01/10/2020
Price:
Contact Agent
Icon building

Property Type

Land/Development
Icon square

Land Area

2354 SQM
Icon size

Floor Area

N/A
Icon parking

Parking

N/A

Prime Investment With Permits Approved Development

Nichols Crowder are delighted to offer for sale this unprecedented Investment/permit approved multi-story development.

Currently utilized as a self-storage facility with the current income of $95,000 pa with the rent capable of being increased significantly to a current market rate.

The investment property market is growing daily with the share market down and money sitting in the banks not earning a decent return, this ticks all the boxes plus the upside of redevelopment of double story professional offices and 3 levels of 204 storage units and 40 plus onsite undercover secure parks.

Keys features include:

* Current rental return $95,000 p.a. with the upside of the rent to increase
* Huge land holding of 2,354 sqm*
* Dual street frontage
* Permit approved multi-level commercial buildings and self-storage
* Opposite Mornington Central shopping Centre, Mornington primary school and the Bays Hospital
* Property to be sold as a going concern (no GST applicable)

For further information or to arrange an inspection, please contact:

Tom Crowder - 0438 670 300
Jamie Stuart - 0412 565 562

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

For more details, please email agent

Nichols Crowder Property Solutions - Mornington

4/230 Main Street, Mornington, VIC 3931


More properties from Nichols Crowder Property Solutions - Mornington
Sold
4/22 Watt Road, MORNINGTON VIC, 3931

4/22 Watt Road, M...

Industrial/WarehouseIndustrial/WarehouseShowrooms/Bulky Goods
Leased
35 Speed Circuit, TYABB VIC, 3913

35 Speed Circuit,...

Industrial/Warehouse
Leased
25/6 Satu Way, MORNINGTON VIC, 3931

25/6 Satu Way, MO...

Industrial/Warehouse
For Lease
Level 1/2375 Point Nepean Road, RYE VIC, 3941

Level 1/2375 Poin...

Offices
Leased
92-94 Main Street, MORNINGTON VIC, 3931

92-94 Main Street...

Retail
Leased
6/27 Progress Street, MORNINGTON VIC, 3931

6/27 Progress Str...

Industrial/Warehouse
More properties from Mornington
Leased
4/311-313 Main Street, MORNINGTON VIC, 3931

4/311-313 Main St...

Offices
Sold
9 & 11/26-28 Carbine Way, MORNINGTON VIC, 3931

9 & 11/26-28 Carb...

Offices
Sold
8/31-33 Milgate Drive, MORNINGTON VIC, 3931

8/31-33 Milgate D...

Industrial/WarehouseIndustrial/Warehouse
For Sale
72 Blamey Place, MORNINGTON VIC, 3931

72 Blamey Place, ...

Offices
For Lease
95 Main Street, MORNINGTON VIC, 3931

95 Main Street, M...

Retail
Leased
198 Main Street, MORNINGTON VIC, 3931

198 Main Street, ...

OfficesRetail
Loading...