FOR SALE
$185,000

Contact Agent For Address
Mornington TAS 7018

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Automotive Servicing & Repair Business

Phone enquiries - please quote property ID 30155.
Successful family business established for 19 years. Located on the Hobart Eastern shore. Operating in well-equipped premises, consisting of 2 hoists, wheel balancer, tyre changer, brake lathe, press, diagnostic scan tools, customer courtesy vehicle, and plenty more (too much to list).
The Business currently employs 3 full-time staff and has a long-term quality customer base.
There is currently a 5-year lease in place and the Landlord is willing to negotiate beyond this with the new owner. The premises has ample off-street parking, an office, reception/waiting area with TV, lunch room/kitchen, shower & toilet.
Included in the sale is all equipment & good will (financials will not be disclosed)
The owner is happy to work with an incoming owner to facilitate a successful handover and is willing to work part-time if required.
Key Points:
* AIS Approved
* Fully Equipped Workshop
* Mechanical Repairs & servicing
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Property Details for Contact Agent For Address, Mornington

Building Type
Commercial

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About Mornington 7018

The size of Mornington is approximately 4.2 square kilometres. It has 5 parks covering nearly 17.3% of total area. The population of Mornington in 2011 was 2,185 people. By 2016 the population was 2,244 showing a population growth of 2.7% in the area during that time. The predominant age group in Mornington is 20-29 years. Households in Mornington are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mornington work in a trades occupation. In 2011, 67.1% of the homes in Mornington were owner-occupied compared with 64.8% in 2016.

Mornington has 1,214 properties. Over the last 5 years, Houses in Mornington have seen a 49.01% increase in median value, while Units have seen a 64.24% increase. As at 30 September 2024:

  • The median value for Houses in Mornington is $555,593 while the median value for Units is $533,422.
  • Houses have a median rent of $530 while Units have a median rent of $370.
There are currently 7 properties listed for sale, and no properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Mornington.

Suburb Insights for Mornington 7018

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.