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Prime Showroom Investment

5/177-179 Morninton Tyabb Road, MORNINGTON VIC, 3931

NEW
For Sale

Property for Sale in 5/177-179 Morninton Tyabb Road, MORNINGTON VIC, 3931

Nichols Crowder Property Solutions - Mornington

4/230 Main Street, Mornington, VIC 3931

Listing ID:
11334911
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
18/02/2019
Icon building

Property Type

Showrooms/Bulky Goods/Retail
Icon square

Land Area

0 SQM
Icon size

Floor Area

500 SQM
Icon parking

Parking

45

Prime Showroom Investment

We love selling showroom investments and investors love buying them! The simple fact is that they offer the best of both worlds; industrial and retail in one. Especially with main road frontage, access and exposure and this property has all that and more.

'Coastcare Medical Equipment Hire and Sales' is a market leader in their field. Servicing the majority of major hospitals, aged care facilities and retirement villages providers, they are known as the 'go-to' for all medical equipment sales and hire.

Features include:

* Securely leased until 14th January 2023 with a further 5 year option
* Prime location on Mornington Tyabb Road
* Rental return of $66,744 per annum (net) plus GST with annual increases
* Substantial showroom, with flexible floor plate
* Generous on-site parking for 45 cars and loading bays
* Boutique 7-unit development, incorporating national tenants

An investment that ticks all the boxes. Secure tenant,
long lease, easy to maintain property and attractive
yield potential with upside.

For further details or to arrange an inspection please contact Jamie Stuart or Tom Crowder.

For more details, please email agent

Nichols Crowder Property Solutions - Mornington

4/230 Main Street, Mornington, VIC 3931


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