71 Barkly Street MORNINGTON VIC

CENTRAL MORNINGTON
Positioned within one of Mornington’s highly-sought commercial corridors, this exceptional development site of approximately 2,392sqm offers a compelling investment opportunity with immediate income potential. Including council-approved plans for a high-quality multi-storey office and storage facility, the site benefits from high exposure with its two-road frontage and proximity to a key shopping centre and large-scale council car parking.

Currently trading as a secure storage facility, featuring diverse offerings such as external storage units, permanent shipping containers, and vehicle storage, the site generates a positive income stream of $105,000p.a, (Approx), with potential to increase income, positioning it as a prime asset for investors.

The approved plans present eleven business suites across three lift-connected levels, each ranging between 61m2 - 134m2 (approx.) in size, with formal ground-floor foyers and restrooms, secure carpark alongside a comprehensive three-level storage facility that includes lift access, customer car parking, bicycle parking, and storage office with restroom and service area.

- Commercial opportunity in a highly-sought commercial corridor of Mornington
- Prominent positioning, with dual main-road exposure (Barkly Street and Eastern Ring Road)
- Currently trading as a secure storage facility with diverse storage offerings
- Approved plans for a high-quality multi-storey office and storage facility, plus secure parking
- Including eleven business suites across three lift-connected levels
- And a three-level storage facility including customer car parking
- A prime asset for investors with immediate income of $105,000p.a
- Central to Main Street, with highly-desirable commercial address

DISCLAIMER
McEwing & Partners has prepared this information in good faith, relying on details supplied by third parties and taking all reasonable care to ensure its accuracy. However, we cannot guarantee that all information is free from error. Prospective purchasers are encouraged to make their own enquiries to verify the accuracy of all details.
  • Development
  • 2,392 sqm
  • $3,450,000 - $3,750,000

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