2/185 Mornington-Tyabb RoadMornington VIC 3931
Property Details for 2/185 Mornington-Tyabb Rd, Mornington
Last Listing description (August 2026)
A compelling commercial investment opportunity within Mornington's tightly held industrial and commercial precinct. Positioned along the well-established MorningtonTyabb Road corridor, this property offers investors a secure income profile underpinned by strong tenant demand and long-term fundamentals.The asset is suited to industrial, showroom or office use, providing flexibility across current and future leasing scenarios. Supported by a practical building configuration and excellent accessibility, the property presents an attractive balance of ongoing rental return and capital growth potential.With an established lease in place, investors benefit from immediate income, while the underlying location and adaptable use profile provide scope for future rental upside and long-term value retention. Well-suited to private investors and SMSF buyers seeking a stable commercial holding in a proven market.Investment highlights:- Income-producing commercial asset with an established lease in place- Strong tenant appeal across industrial, showroom and office uses- Attractive yield profile supported by a tightly held precinct- Strategic MorningtonTyabb Road position with excellent accessibility- Long-term capital growth potential underpinned by location and land value
Property History for 2/185 Mornington-Tyabb Rd, Mornington, VIC 3931
- 15 Feb 2026Sold for $1,650,000
- 20 Jan 2026Listed for Sale Contact Agent
- 17 Jul 2014Listed for Rent $65,000 / year
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0About 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 15,853 properties. Over the last 5 years, Houses in Mornington have seen a -6.51% decrease in median value, while Units have seen a 2.16% increase. As at 31 August 2026:
- The median value for Houses in Mornington is $1,108,841 while the median value for Units is $780,355.
- Houses have a median rent of $755 while Units have a median rent of $625.
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