89 Dunlop Street, Mortlake, VIC 3272 | Commercial for sale | OnTheHouse
 
FOR SALE
$297,000

89 Dunlop Street
Mortlake VIC 3272

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 245m2
Land area: 559m2
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CENTRAL COMMERCIAL SPACE, 7% RENTAL YIELD

This ideally located commercial space boasts a generous land size of 559m² and a versatile building size of 245m². It occupies a prominent corner site at Dunlop and Webster Streets in the thriving township of Mortlake.
The space is currently tenanted, achieving an annual rent of $20,800 + GST plus outgoings, offering a 7% rental yield. Secure 2-year lease in place with 3x3-year options.
The Besser block construction provides a solid foundation, and with no garden to maintain, it offers low-maintenance convenience.
The building comes equipped with air-conditioning, town water, and a hot water service. Inside, you'll find a back storage area, a staff breakroom, and a staff bathroom. There is also a triple-bay storage shed with a single carport attached, and space to park additional vehicles at the rear of the building.
For more information or to schedule a viewing, please contact Wilsons.
Disclaimer:
All prices are quoted exclusive of GST (if applicable). The applicability of GST will depend on the purchaser’s registration status and the use of the property. Purchasers are advised to seek independent financial or legal advice.
For Due Diligence please head to our website at www.wilsonswarrnambool.com.au. All measurements & boundary indications are correct to the best of our knowledge, as provided by property owners and external websites. Please complete due diligence to confirm.

Property Details for 89 Dunlop St, Mortlake

Building Type
Commercial
Floor Size
245m2
Land Size
559m2
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About Mortlake 3272

The size of Mortlake is approximately 354.5 square kilometres. It has 2 parks covering nearly 0.2% of total area. The population of Mortlake in 2016 was 1372 people. By 2021 the population was 1477 showing a population growth of 7.6% in the area during that time. The predominant age group in Mortlake is 60-69 years. Households in Mortlake are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mortlake work in a managers occupation.In 2021, 75.70% of the homes in Mortlake were owner-occupied compared with 74.70% in 2016.

Mortlake has 1,026 properties. Over the last 5 years, Houses in Mortlake have seen a 53.39% increase in median value, while Units have seen a 131.12% increase. As at 31 October 2025:

  • The median value for Houses in Mortlake is $359,595 while the median value for Units is $486,703.
  • Houses have a median rent of $395.
There are currently 18 properties listed for sale, and no properties listed for rent in Mortlake on OnTheHouse. According to Cotality's data, 40 properties were sold in the past 12 months in Mortlake.

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