+15 Photos

SOLD

955 Nepean Highway, Mornington, VIC, 3931

Properties / Sold / Victoria / Mornington

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Contact Agent

Land Area

928 m² (*approx)

Floor Area

479 m² (*approx)

Property Type

Child/Healthcare, Offices, Retail

Sub-type

Vets, Office Suites, Mixed Use

Terms

Secure five (5) year lease plus options to 2036

Est. Income

$151,107 p/a

Fully Leased

Boutique Veterinary Services Pty Ltd

Show All

2. Property Highlights

Superior Investment Opportunity

** AUCTION THIS FRIDAY 12:30PM **

Nichols Crowder is proud to exclusively present for sale this genuinely rare opportunity to invest in the tightly held Beleura Hill precinct in Mornington on the Mornington Peninsula.

955 Nepean Highway is a modern, purpose-built veterinary clinic superbly located in Mornington's most affluent corridors and occupies a high-profile gateway position on the corner of Nepean Highway and Lucerne Avenue, adjacent to Nepean Highway's medical precinct.

Key features include:

* Secure five (5) year lease plus options to 2036

* Tenant: Boutique Veterinary Services Pty Ltd (a renowned veterinary group within the Mornington Peninsula)

* Annual 3.5% rent reviews

* Rent: $151,107 per annum + GST (as of 1st July 2023)

* Immaculate 479sqm* vet clinic purpose built in 2010

* Prime 928sqm* site with dual street frontages and 10 car parks on-title (incl. 1 disabled)

* Sought after essential service investment

* High profile Nepean Highway position, the Mornington Peninsula's major north-south arterial.

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

Jamie Stuart 0412 565 562

Tanya Scagliarini 0438 289 859

PLEASE NOTE:

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

Remember to mention you found this property on CommercialReady

Tenanted Investment

1. Property Summary

Property Type

Child/Healthcare, Offices, Retail

Sub-type

Vets, Office Suites, Mixed Use

Est. Income

$151,107 p/a

Tenant

Boutique Veterinary Services Pty Ltd

Terms

Secure five (5) year lease plus options to 2036

Land Area

928 m² (*approx)

Floor Area

479 m² (*approx)

Selling Method

Auction

Auction Date

19 May 2023 12:30PM

Add to calendar

Selling Details

Contact Agent

2. Property Highlights

Superior Investment Opportunity

** AUCTION THIS FRIDAY 12:30PM **

Nichols Crowder is proud to exclusively present for sale this genuinely rare opportunity to invest in the tightly held Beleura Hill precinct in Mornington on the Mornington Peninsula.

Key features include:

* Secure five (5) year lease plus options to 2036

* Tenant: Boutique Veterinary Services Pty Ltd (a renowned veterinary group within the Mornington Peninsula)

* Annual 3.5% rent reviews

* Rent: $151,107 per annum + GST (as of 1st July 2023)

* Immaculate 479sqm* vet clinic purpose built in 2010

* Prime 928sqm* site with dual street frontages and 10 car parks on-title (incl. 1 disabled)

* Sought after essential service investment

* High profile Nepean Highway position, the Mornington Peninsula's major north-south arterial.

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

Jamie Stuart 0412 565 562

Tanya Scagliarini 0438 289 859

PLEASE NOTE:

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

Remember to mention you found this property on CommercialReady

955 Nepean Highway, Mornington, VIC, 3931 Mornington

Nichols Crowder - Mornington

4/230 Main Street, Mornington, Vic 3931

View Agency Profile

Jamie Stuart

+61 *** *** *** show +61 412 565 562

Tanya Scagliarini

+61 *** *** *** show +61 438 289 859

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

955 Nepean Highway, Mornington, VIC, 3931