21/20 Main Street, Mornington, VIC 3931 | Apartment for sale | OnTheHouse
 
FOR SALE
$700,000-$770,000

21/20 Main Street
Mornington VIC 3931

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
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Turnkey Coastal Living with Strong Returns

Currently rented $750 per week until January 2027
Positioned within the award-winning & iconic 'Miramar' building, "Lulu @ Miramar" offers a rare opportunity to secure a truly special one-bedroom apartment in one of Mornington's most tightly held and sought-after locations. Showcasing bay views from the private balcony and just moments from the shoreline, this residence delivers the perfect blend of lifestyle, convenience, and income potential. Whether you're an investor, holidaymaker, or owner-occupier, this beautifully presented, fully furnished apartment is ready to enjoy immediately while offering exceptional flexibility and strong returns.
Property Highlights:
• Prime central location – approx. 800m to Mother's Beach and Mornington Park
• Positioned in the iconic, award-winning Miramar complex
• Light-filled one-bedroom apartment on the second floor (lift access across 4 levels)
• Private balcony with bay views
• Fully furnished – move straight in or continue as a high-performing Airbnb.
• Proven income stream: Holiday rental approx. $250-$500 per night. Permanent rent approx. $38,000p.a.
• Ideal for investors, downsizers, first-home buyers, or holidaymakers
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Property Details for 21/20 Main St, Mornington

21/20 Main St, Mornington is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 65m2. The place is currently for sale with Murnane Real Estate.

Building Type
Apartment
Floor Size
65m2
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About Mornington 3931

The size of Mornington is approximately 21.3 square kilometres. There are 58 parks, covering nearly 13.4% of the total area. The population of Mornington in 2016 was 23989 people. By 2021 the population was 25759 showing a population growth of 7.4% in the area during that time. The predominant age group in Mornington is 70-79 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 2021, 73.30% of the homes in Mornington were owner-occupied compared with 71.60% in 2016.

Mornington has 15,894 properties. Over the last 5 years, Houses in Mornington have seen a -1.14% decrease in median value, while Units have seen a 4.75% increase. As at 31 July 2026:

  • The median value for Houses in Mornington is $1,142,225 while the median value for Units is $784,484.
  • Houses have a median rent of $750 while Units have a median rent of $615.
There are currently 33 properties listed for sale, and 11 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 657 properties were sold in the past 12 months in Mornington.

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Raffaela Del Mastro
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Murnane Real Estate
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