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Multi-Tenanted Mornington Peninsula Investment Anchored by Non-Discretionary Tenants
100-102 Mount Eliza Way, Mount Eliza VIC

Stonebridge Property Group is pleased to present for sale 100-102 Mount Eliza Way, Mount Eliza.

  • A commanding double fronted Mt Eliza Village investment, anchored by non-discretionary tenants Bendigo Bank and Village Gourmet Meats
  • 76% of total income is derived through essential tenants, Bendigo Bank and Village Gourmet Meats with leases through to Jan-26 and Sep-25 respectively
  • Strong fundamentals include, 454 sqm* of underlying land, 12 m* of valuable retail village frontage and rear access to free council car park
  • Flexible double level, arcade style building with through access from Mt Eliza Way to rear carpark
  • The rear of the property has been strategically activated for additional retail use due to the strong rear exposure to free council car park
  • Providing annual income of $246,585* + GST + Outgoings through 5 separate tenancies
  • Located in the centre of the tightly held Mt Eliza Village, opposite major shopping centre (Ritchie’s Village – IGA) and in close proximity to major banks (CBA & NAB), Woolworths, popular cafes and grocers
  • The highly convenient shopping village boasts some of the lowest retail vacancy within metropolitan Melbourne (often sub 2%), highlighting tenant demand and future possibilities for
    rental growth
  • Mt Eliza is located 45 minutes* from the Melbourne CBD on the Port Phillip Bay coastline of the popular Mornington Peninsula
  • The affluent suburb boasts a median house price of $1,630,000* and is home to elite private school Peninsula Grammar

*Approximately

To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

 

 
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