Located with high exposure to Mornington Road this property is very well presented and flexible. Combining warehouse, showroom and office areas the combined building offers approximately 750m of usable floor area. Excellent on site parking and some hard stand also provided. Being offered subject to a 1 year lease to the existing occupant. This is an opportunity for both investors or for you to upgrade and enhance your business and move in early 2016.
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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