20 Virginia Street, Mornington, VIC 3931 | Property Value & History | OnTheHouse
OFF MARKET

20 Virginia Street
Mornington VIC 3931

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Property Details for 20 Virginia St, Mornington

Building Type
Commercial
Local Government
Mornington Peninsula
Lot/Plan
10/LP25128

Last Listing description (July 2008)

BUSINESS FOR SALE - FRANCHISE - RETAIL - TIMBER FLOORING - V07-165
TIMBER FLOORING BUSINESS -
A POLISHED PERFORMER..

IN A STRESS-FREE ENVIRONMENT.
HERES A HIGHLY PROFITABLE TIMBER FLOORING BUSINESS WITHOUT THE LONG HOURS AND STRESS. A BUSINESS, IN A MAGNIFICENT LIFESTYLE LOCATION ON VICTORIAS MORNINGTON PENINSULA SO YOU CAN ENJOY FABULOUS BEACHES, UNDULATING GOLF GREENS, TOP WINERIES AND SENSATIONAL RESTAURANTS ON WEEKENDS.
EASY TO OWN AND RUN:
THE BUSINESS IS PART OF A SUCCESSFUL FRANCHISE GROUP OF 8 STORES. SOPHISTICATED BUSINESS MANAGEMENT SYSTEMS ALREADY IN PLACE MAKE DAY-TO-DAY RUNNING A BREEZE. AND THERES MORE -
NO NEED TO BE A TRADESPERSON TO BUY THE BUSINESS.
YOU DONT NEED ANY STAFF - ALL WORK IS CARRIED OUT BY TRUSTED SUBCONTRACTORS - ALL TRADES ACCREDITED TO THE FRANCHISEE UNDER WRITTEN AGREEMENT.
THE FRANCHISE BUYS ALL TIMBER DIRECT FROM THE MILL THERES NO MIDDLEMAN COST.
THE FRANCHISE IS PAID BY THE CLIENT PRIOR TO MATERIALS BEING DELIVERED SO THERE ARE FEW DEBTOR PROBLEMS.
GREAT POTENTIAL:
THE BUSINESS IS EXPERIENCING HIGH GROWTH THROUGH ITS RANGE OF QUALITY FLOORING PRODUCTS.
FURTHER POTENTIAL EXISTS TO GROW THE BUSINESS BY INCLUDING DECKING FENCING, DOORS, STAIRS RETAIL AND TRADE SECTION.
THE PREMISES IS BIG ENOUGH TO HANDLE THIS EXPANSION AS NO STOCK IS KEPT ON SITE.
LAY DOWN A BRIGHT FUTURE FOR YOURSELF WITH THIS EXCELLENT BUSINESS.
PHONE NOW FOR INFORMATION.

Property History for 20 Virginia St, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Transferred
07 Mar 2025
  • 29 Feb 2008
    Listed for Sale $795,000
  • 01 Nov 2005
    Listed for Rent $2100PCM
  • 15 Apr 2005
    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 15,894 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 32 properties listed for sale, and 11 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 652 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.