SOLD
Sold on 23 Nov 2023 for $875,000

1/20 Carbine Way
Mornington VIC 3931

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 276m2
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Sold By
Joshua Monks
Nichols Crowder - Carrum Downs
Tom Crowder
Nichols Crowder - Carrum Downs
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Property Details for 1/20 Carbine Way, Mornington

Building Type
Commercial
Land Size
276m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS823680

Last Listing description (November 2023)

Completed in 2019 by South East Building Services is this street front office warehouse.

The current lease agreement expires in November this year so the property can be purchased with vacant possession or with the current lease agreement returning $28,000p.a. plus GST and outgoings.

Only a few years old, the property has been used for storage of household goods and is in as new condition inside and out.

Key features include:

* 25sqm* ground floor office
* Heating and cooling
* A lofty warehouse up to 7.1m*
* 4 on site car parking spaces
* LED lighting throughout

To arrange an inspection please contact:
Josh Monks
Tom Crowder

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.

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Property History for 1/20 Carbine Way, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$875,000
23 Nov 2023
Listed for Rent
$479/w
15 Sep 2020
  • 23 Nov 2023
    Sold for $875,000
  • 25 Aug 2023
    Listed for Sale $895,000 (Offered as a Going Concern ie. No GST)
  • 04 Feb 2020
    Listed for Rent $25,000 / year
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About Mornington 3931

The size of Mornington is approximately 21.3 square kilometres. It has 58 parks covering nearly 13.4% of total area. The population of Mornington in 2011 was 22,421 people. By 2016 the population was 23,995 showing a population growth of 7.0% in the area during that time. The predominant age group in Mornington is 60-69 years. Households in Mornington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mornington work in a professional occupation. In 2011, 71.5% of the homes in Mornington were owner-occupied compared with 71.6% in 2016.

Mornington has 15,493 properties.

    There are currently 67 properties listed for sale, and 18 properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 555 properties were sold in the past 12 months in Mornington.

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