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831 - 833 Nepean Highway, Mornington, VIC 3931
Mornington
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
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
