15 Main Street, Mornington, Vic 3931

FOR SALE BY SET DATE CLOSING THURSDAY 12TH NOVEMBER AT 12PM

An exceptional opportunity to secure a tightly held freehold investment in the best section of Mornington’s Main Street, occupied by one of the area’s most popular and established café operators.
 
Home to Store Fifteen for more than 10 years, the property provides an attractive combination of secure passing income, an outstanding retail position and genuine long-term flexibility for an astute investor.
 
Key features include:
• Land area: 189sqm* Commercial 1 Zoned
• Building area: 112sqm*
• Occupier: Store Fifteen – established café operator of 10+ years
• Lease: 5 + 5 + 5 years commencing 1 January 2024
• Freehold title: Offered as a standalone freehold asset
• Development potential: 11m height limits / up to 3 levels, subject to council approvals
• Passing rental: $90,176 per annum + GST and outgoings

 
The property occupies an enviable position surrounded by leading national brands, established retailers, cafés and restaurants, benefiting from strong pedestrian activity and excellent customer accessibility.
 
Convenient rear parking further enhances the property's appeal to both the current occupier and future users.
For investors, the property offers the rare opportunity to acquire a fully leased Main Street freehold with an established tenant, proven trading location and future redevelopment potential.
 
Whether held as a long-term income-producing asset or considered for future redevelopment, 15 Main Street represents a compelling opportunity to secure a foothold in one of Mornington’s most tightly held and sought-after retail precincts.
 
Offered for Sale by Set Date Closing Thursday 12th November at 12pm.

For further information or to arrange an inspection, please contact the listing agents.

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

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