Jacobs and Lowe are pleased to present Warehouse 3, a prime opportunity in Mornington's highly sought-after industrial area. With two adjacent warehouses already under contract, this property offers exceptional potential for businesses seeking a strategic location with excellent connectivity and high demand.
This complex has a total of 6 warehouses with front security fencing and automatic gate.
Warehouse 3: 219 m2 (approx.) with mezzanine office: 1 + 3 year lease commenced 15/7/24 - $26,280 pa + GST + Outgoings.
Warehouse 5: SOLD
Warehouse 6: SOLD
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 15,533 properties. Over the last 5 years, Houses in Mornington have seen a 43.75% increase in median value, while Units have seen a 21.35% increase. As at 31 October 2024:
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