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831 - 833 Nepean Highway, Mornington, VIC 3931

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831 - 833 Nepean Highway, Mornington, VIC 3931

Mornington

831 - 833 Nepean Highway, Mornington, VIC 3931
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+13 Photos
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831 - 833 Nepean Highway, Mornington, VIC 3931

Mornington

SOLD
831 - 833 Nepean Highway, Mornington, VIC 3931

831 - 833 Nepean Highway, Mornington, VIC 3931

Properties / Sold / Victoria / Mornington
Development Potential
Property Type
Commercial, Industrial
Land Area
1,735 m² (*approx)
Selling Method
EOI: EOI Closing Thursday 20th March 2025 at 4:00pm
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LOCATION LOCATION LOCATION!
  • Secure Tenant
  • Main Road Location
  • Invest for Future Development or Occupy

FIRST TIME OFFERED FOR SALE

For Sale By EXPRESSION OF INTEREST Closing Thursday the 20th of March 2025 at 4:00PM

Collins Commercial & Industrial is delighted to bring to market for the first time, the Gordon Glass factory and showroom in the heart of Mornington.

This premium property is in a prime location with main road exposure. It is perfect for buying as an investment for future development or to occupy. 831 - 833 Nepean Highway Mornington is to be sold by Expressions of Interest closing Thursday 20th March 2025 at 4PM.

KEY PROPERTY FEATURES:

Main Road Location

Secure Tenant

Current use: retail & storage of glass products

Two separate titles

EOI closing Thursday 20th March, 2025 at 4PM

BUILDING AREA: 860 sqm*

SITE AREA: 1,735 sqm*

RENTAL: $104,551 per annum + GST

OUTGOINGS: Payable by Tenant

LEASE COMMENCEMENT: July, 2022

LEASE EXPIRY: July, 2027

OPTION PERIOD: 5 + 5 years

ANNUAL REVIEWS: 3.5% and then Market Review applicable at the commencement of every option period.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

831 - 833 Nepean Highway Development Site Summary

Property Type
Commercial, Industrial
Land Area
1,735 m² (*approx)
Selling method
EOI: EOI Closing Thursday 20th March 2025 at 4:00pm

Development Site Highlights

LOCATION LOCATION LOCATION!
  • Secure Tenant
  • Main Road Location
  • Invest for Future Development or Occupy

FIRST TIME OFFERED FOR SALE

For Sale By EXPRESSION OF INTEREST Closing Thursday the 20th of March 2025 at 4:00PM

Collins Commercial & Industrial is delighted to bring to market for the first time, the Gordon Glass factory and showroom in the heart of Mornington.

This premium property is in a prime location with main road exposure. It is perfect for buying as an investment for future development or to occupy. 831 - 833 Nepean Highway Mornington is to be sold by Expressions of Interest closing Thursday 20th March 2025 at 4PM.

KEY PROPERTY FEATURES:

Main Road Location

Secure Tenant

Current use: retail & storage of glass products

Two separate titles

EOI closing Thursday 20th March, 2025 at 4PM

BUILDING AREA: 860 sqm*

SITE AREA: 1,735 sqm*

RENTAL: $104,551 per annum + GST

OUTGOINGS: Payable by Tenant

LEASE COMMENCEMENT: July, 2022

LEASE EXPIRY: July, 2027

OPTION PERIOD: 5 + 5 years

ANNUAL REVIEWS: 3.5% and then Market Review applicable at the commencement of every option period.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
John Gazis
John Gazis
+61 *** *** *** show +61 412 312 176
John Gazis
John Gazis
+61 *** *** *** show +61 412 312 176

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831 - 833 Nepean Highway, Mornington, VIC 3931

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Property Location of 831 - 833 Nepean Highway, Mornington, VIC 3931

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831 - 833 Nepean Highway, Mornington, VIC 3931 Mornington
Collins Commercial & Industrial
Collins Commercial & Industrial
Level 1, 93B Cheltenham Road Dandenong Victoria 3175
John Gazis
John Gazis
+61 *** *** *** show +61 412 312 176