Nowadays 680m2 of land is a generous size for commercial land on its own. This property, however has that many m2 just in the building alone. And the total land area is a whopping 1511m2, located in a very high traffic commercial district. Previously used as a bodyworks business, there are seperate workshop areas, opening up the possibility for various different business opportunities.
Included, there's even a large high quality spray oven, in very good condition and big enough to accomodate larger vehicles like busses, trucks and larger boats. Workshop areas are have high ceilings with wide spans and, of course, there is 3 phase power and security system. The restrooms are separate for male and female, there's an office and lunchroom and the floors are constructed of load bearing concrete.
Even though the location has been a busy, yet convenient access area for many years, major business chains are expanding further into this area, ensuring that a purchase in this location , will yield very high capital growth indeed. Whether you are starting or relocating your business or just want a very sound business premises to lease out, this is a rare opportunity not to miss.
The size of Mornington is approximately 4.2 square kilometres. There are 5 parks, covering nearly 17.3% of the total area. The population of Mornington in 2016 was 2265 people. By 2021 the population was 2469 showing a population growth of 9.0% in the area during that time. The predominant age group in Mornington is 30-39 years. Households in Mornington are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mornington work in a trades occupation.In 2021, 65.70% of the homes in Mornington were owner-occupied compared with 64.80% in 2016.
Mornington has 1,222 properties. Over the last 5 years, Houses in Mornington have seen a 35.79% increase in median value, while Units have seen a 16.56% increase. As at 30 June 2026:
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