$650,000 - $680,000 + GST
1, 37 Dava Drive, Mornington, VIC 3931
Investor Opportunity – Prime Commercial Property in Mornington
Located in a serene and well-established residential pocket, this attractive commercial property offers an exceptional investment opportunity. Currently leased to Peninsula CPAP Services, the premises are secured under a 5-year lease with a further 5-year option, extending until June 14, 2034.
Key features include:
* Annual rental income: $37,440 + GST + outgoings
* Fixed annual rental increases of 4%
* Next increase effective June 14, 2026
* Impressive tenant fit-out – interior and exterior
This is a low-maintenance, tightly held location with strong tenant covenant and long-term security.
For further information or to arrange an inspection, please contact the listing agent.
PLEASE NOTE:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
Property Info
LEGAL DOCUMENTS
Thank You
Your enquiry has been sent!
Enquiry is Failed
Please contact your administrator.