6/177-179 Mornington-Tyabb Road Mornington VIC 3931

Discover this exceptional investment opportunity featuring a long-established tenant and impressive returns. This premium corner site at 6/177-179 Mornington-Tyabb Road, Mornington presents a rare combination of location advantage and rental security anchored by a long-standing tenant.

The property offers high visibility in this growing area, with proximity to Mornington's vibrant town center, beaches, and expanding residential neighborhoods.

INVESTMENT HIGHLIGHTS :

* Established tenant: New Peninsula Op Shop (in occupation since 2015)
* Secure 6-years lease extending to 2031 with additional 6-years option.
* Strong net income of $92,000 p.a with fixed annual increment.
* Outgoings recovered from tenant
* Generous 522sqm space
* Premium position within minutes to Mornington Central
* Neighbouring national tenants such as Chemist Warehouse, BMW & Ducati

The property's position in Mornington puts it within easy reach of the peninsula's growing population, ensuring continued relevance for the tenant while providing investors with confidence in the property's long-term viability and potential for capital growth.

Perfect for investors seeking a hands-off commercial property with established tenant relations and predictable returns.

On-site Auction : 3rd April 2025, 12.00pm

Settlement date by/before 27 June 2025

Call now for more information

Daniel Liberman 0438 33 666, Edmond Yeong 0488 777 919