2-4 Surrey Street, Mornington, VIC 3931 | Property Value & History | OnTheHouse
OFF MARKET

2-4 Surrey Street
Mornington VIC 3931

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 1679m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 2-4 Surrey St, Mornington

Building Type
Commercial
Year Built
1955
Land Size
1679m2
Local Government
Mornington Peninsula
Lot/Plan
PC364321

Last Listing description (November 2021)

Premium Purpose Built Medical Centre
Securely leased for $185,000 p/a plus GST & outgoings
New 5 year lease plus options

Fixed annual 3% increases

Aston Commercial are pleased to offer 2-4 Surrey Street Mornington For Sale by Public Auction on Thursday 11th November at 12pm.

This secure investment comprises a premium purpose-built Medical Centre designed to meet the exacting standards of a modern and efficient GP clinic. This is clearly endorsed by the current tenant recently renewing their option and committing to a future term.

Medical assets have proven themselves to be secure and long term investment plays. Recent events have only reinforced this view. Healthcare provides secure yields, driving long term growth even during times of economic downturn. 2-4 Surrey Street is superbly located within the coveted City of Mornington, one of Melbourne's most affluent and sought-after bayside locations that is experiencing rapid growth.

Aston Commercial strongly recommend this quality long term investment for your serious consideration.

Please contact Aston Commercial today to arrange your private inspection.

*approx.

Property History for 2-4 Surrey St, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$4,735,000
11 Nov 2021
Listed for Rent
$3.35k/w
30 Oct 2015
  • 11 Nov 2021
    Sold for $4,735,000
  • 06 Oct 2021
    Listed for Sale Contact Agent
  • 06 Aug 2015
    Listed for Rent - Price not available
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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 15,831 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 29 properties listed for sale, and 11 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 646 properties were sold in the past 12 months in Mornington.

Suburb Insights for Mornington 3931

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.