3/25-27 Progress Street, Mornington, VIC 3931 | Property Value & History | OnTheHouse
 
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3/25-27 Progress Street
Mornington VIC 3931

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 250m2
Land area: 382m2
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Property Details for 3/25-27 Progress St, Mornington

Building Type
Commercial
Floor Size
250m2
Land Size
382m2
Local Government
Mornington Peninsula
Lot/Plan
4/PS428893

Last Listing description (October 2023)

For Sale with vacant possession, this space will suit someone looking for a contemporary commercial space to make their own.

Currently configured as a warehouse (149sqm*), Ground floor showroom (105sqm*) and a first-floor office/tearoom (50sqm*) these areas could be easily customized to meet your needs.

The total ground floor building area is approximately 254sqm*, with an additional mezzanine area and 4 designated parking spaces on a 382sqm* plot of land.

Progress Street is a sought-after destination within the thriving Mornington Industrial Precinct.

The appeal of this area is evident through the numerous successful and renowned businesses in close proximity.

Boasting excellent accessibility, this premium location offers convenient entrances of Nepean Hwy and direct access off Mornington-Tyabb Road.

This space, previously occupied by Rhino4x4, boasts robust industrial finishes and modern bathroom and kitchen facilities that surpass the standard commonly found in other industrial warehouses.

Key features include:

* Polished concrete floors
* Roller door access to the warehouse area
* Comprehensive power, data, CCTV, and heating/cooling throughout
* Stylish concrete/brick reception counter
* Energy-efficient LED downlights and track lighting in all areas
* Timber staircase with a stainless-steel balustrade
* Concrete panel construction with metal roof
* Attractive and low-maintenance landscaping

To discuss the property or arrange a private inspection, please don't hesitate to reach out to Josh Monks or Tom Crowder. This unique commercial opportunity won't last long. Contact us today to make it yours.

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.

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Property History for 3/25-27 Progress St, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$905,000
28 Sep 2023
Listed for Rent
$422/w
30 Jun 2015
  • 28 Sep 2023
    Sold for $905,000
  • 06 Sep 2023
    Listed for Sale $880,000 - $920,000 + GST
  • 22 Feb 2017
    Sold for $425,000
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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 15,780 properties. Over the last 5 years, Houses in Mornington have seen a 14.66% increase in median value, while Units have seen a 10.74% increase. As at 30 April 2026:

  • The median value for Houses in Mornington is $1,202,909 while the median value for Units is $822,900.
  • Houses have a median rent of $728 while Units have a median rent of $595.
There are currently 49 properties listed for sale, and 8 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 646 properties were sold in the past 12 months in Mornington.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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