Stunning Waterfront Investment Securely Leased

Current town planning Permit for 3 Level Development of Ground Floor Retail + 13 Apartments

Superb Waterfront Investment With Significant Development Upside.

Securely leased to established tenant
New 5 + 5 Year Lease
Annual 4% Reviews
Permit for Ground floor Retail (Restaurant) + 13 Apartments*
12 Month Development Break Clause
Wide 19 Metre Frontage (30 Metres Combined)
Rental $219,600 net p.a.

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Property Information

  • Land Size 215 m2
  • Building Size 750 m2
  • Type Retail

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Stunning Waterfront Investment Securely Leased

Mornington 786 Esplanade

Stunning Waterfront Investment Securely Leased

$3,225,000

Property Type: Retail

Building Area: 750 m2 

Land Area: 215 m2 

Affordable Development Opportunity

Mornington 784 Esplanade

Affordable Development Opportunity

$1,100,000

Property Type: Development

Building Area: 205 m2 

Land Area: 215 m2 

Prime Investments with significant Development Upside

Mornington 784-786 Esplanade

Prime Investments with significant Development Upside

$3,250,000

Property Type: Development

Building Area: 1048 m2 

Land Area: 1003 m2 

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