Generational Bayside Trophy Investment

2-6 Centreway, Mordialloc VIC

Property Highlights

Iconic corner with Triple frontage
Secure 10 year lease to 2029
Tenant pays all usual outgoings
Register to Bid

Description

+ Secure 10 year lease to 2029 plus options to 2049
+ The Bay Mordi – Local Icon – Long established and successful bar, restaurant, and function venue with beer garden
+ Prime 649sqm landholding with triple street frontage and high underlying land value
+ Irreplaceable corner location opposite of beach club and Mordialloc Pier
+ Tenant pays all usual outgoings as per the lease
+ 200+ public car parking in adjacent areas
+ Strategically located only 50m from Woolworths anchored Mordialloc Plaza and 250m from Mordialloc Train Station
+ Mordialloc: capital growth bayside suburb 24km from Melbourne CBD
+ Net Income: $420,069 pa

For Sale by Investment Portfolio Auction
Wednesday 23 June 2021
Crown Casino, Melbourne
Bidding available via phone, online, and in person at Crown Casino Melbourne or at the Hilton Brisbane

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Hotel/Bar
Land Size
649 SQM
Building Area
1 SQM

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