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32-34 Mount Eliza Way
Mount Eliza VIC 3930
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Sold on 14 Apr 2023

32-34 Mount Eliza Way Mount Eliza VIC 3930

  • Shop & Retail
  • 382 m²
  • Sold

Prominent Mornington Peninsula Retail Corner with Major Upside

  • 65 m* of Gateway Frontage
  • Immediate Value-Add Potential
  • 577 sqm* of Underlying Land

Stonebridge Property Group is pleased to present for sale 32-34 Mount Eliza Way, Mount Eliza.

The key highlights of the opportunity include:

- Arguably Mount Eliza's most prominent corner with 65 m* of combined frontage at the gateway to the tightly held retail village

- 577 sqm* of underutilised Commercial 1 Zoned land, substantial improvements, and flexible lease structures allow short-term possibilities to value-add, occupy or develop

- Offered with approved permits for a mixed-use commercial development

- The strategically located freehold spans 4 lots, boasts on-title car parking for 6 cars (surplus land) and fronts a major intersection

- Direct exposure to a pedestrian crossing and the benefit of ultra-wide footpaths provides ideal retail/hospitality conditions

- The substantial 382 sqm* retail/hospitality building includes an existing 253 patron liquor licence* and outdoor seating possibilities

- Mount Eliza Way is the retail backbone of Mount Eliza - an affluent Mornington Peninsula suburb with a median house price of $1.75m

- Well located adjacent to a council car park, only 50 m* from major supermarket Woolworths, and within walking distance to a number of other non-discretionary retailers (IGA & Australia Post)

*Approximately

32-34 Mount Eliza Way, Mount Eliza is offered for sale via Public On-site Auction on Friday 14th April 2023 at 10:30am (AEST).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.

Nic Hage
0488 782 594

Sarah Xi
0468 320 297

Rorey James
0439 400 081

Property Code: 617

AUCTION

Auction date and time14/04/2023 10:30
Auction locationSee description
Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold14 Apr 2023
Floor Area382 m²
Land Area577 m²
ParkingAsk Agent
Property ID2018425526
Category
Last updated  14 Apr 2023
Map for 32-34 Mount Eliza Way Mount Eliza VIC 3930
Stonebridge Property Group VIC
Stonebridge Property Group VIC
Level 19, 627 Chapel Street
South Yarra, VIC 3141

Property Highlights

Date Sold14 Apr 2023
Floor Area382 m²
Land Area577 m²
ParkingAsk Agent
Property ID2018425526
Category
Last updated  14 Apr 2023

Co-Agents

Nic Hage
Nic Hage
Stonebridge Property Group VIC
Call
+61 448 782 594
Rorey James
Rorey James
Stonebridge Property Group VIC
Call
+61 439 400 081
Sarah Xi 席子棠
Sarah Xi 席子棠
Stonebridge Property Group VIC
Call
+61 468 320 297

More about 32-34 Mount Eliza Way Mount Eliza VIC 3930

32-34 Mount Eliza Way Mount Eliza VIC 3930 is categorized as Shop & Retail Property. It has a floor area of 382 m² and a land area of 577 m². The listing ID for this property is 2018425526.

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