1/30 Progress StreetMornington VIC 3931
Property Details for 1/30 Progress St, Mornington
Last Listing description (January 2024)
Jacobs and Lowe are proud to market 1/30 Progress Street Mornington. A securely leased Industrial Investment with a high-profile Progress Street frontage.
Building: 225m2 (approx.)
Land: 389m2 (approx.)
3% Annual Increase
Lease Term: 5 Years x 5 Years commenced April 2022 (currently in first term)
Annual Net Income $29,046 plus GST and outgoings (approx.)
Don't miss this opportunity to buy an Industrial Investment in Mornington. For further information or to arrange an inspection contact Jeremy Lewis or 0417 047 092 or Michelle Adams on 0407 743 858.
Property History for 1/30 Progress St, Mornington, VIC 3931
- 30 Jan 2024Sold for $760,000
- 21 Sep 2023Listed for Sale $800,000 Plus GST if applicable
- 29 Mar 2008Sold for $282,000
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0About 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 15,491 properties.
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