41 Watt RoadMornington VIC 3931
Property Details for 41 Watt Rd, Mornington
Last Listing description (August 2022)
Vinci Carbone & Nichols Crowder are privileged to be able to offer for sale this outstanding industrial development opportunity located in the heart of Morningtons industrial precinct with excellent exposure to Watt Road.
The property comprises a significant industrial allotment of 14,670 sqm*, adjacent to the newly developed Peninsula Business Park and is within close proximity to the showroom precinct of Mornington-Tyabb Road, Peninsula Link and Nepean Highway.
An exceptional offering that will appeal to developers or owner occupiers to construct a purpose built facility or, in the case of developers, a multi unit industrial estate or business park (STCA).
Key highlights:
Substantial main road landholding of 14,670 sqm*
Industrial 3 zoning - allowing for a multitude of businesses
Enormous frontage of287 metres*
Surrounded by successful businesses and only metres from Nepean Highway and Mornington Tyabb Road
Businesses and individuals are drawn to this prominent locationdue to the significant lifestyle attributes within close proximity, that being the renowned Main Street retail precinct, pristine beaches and world class wineries all at the doorstep of Watt Road.
Access to the arterial network is excellent with Watt Road providing a direct route to Nepean Highway via Yuilles Road, which provides a direct link from Melbourne to the Mornington Peninsula. Access to the property is also further enhanced by its close proximity to Peninsula Link being an extension of the Mornington Peninsula Freeway.
FOR SALE BY EXPRESSIONS OF INTEREST CLOSING THURSDAY 4 AUGUST 2022 AT 4PM
*approx
Property History for 41 Watt Rd, Mornington, VIC 3931
- 18 Aug 2022Sold for $10,010,000
- 08 Jul 2022Listed for Sale Contact Agent
- 20 Aug 2019Listed for Rent $85,000 / year
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0About Mornington 3931
The size of Mornington is approximately 21.3 square kilometres. It has 58 parks covering nearly 13.4% of 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 15,843 properties. Over the last 5 years, Houses in Mornington have seen a 18.10% increase in median value, while Units have seen a 20.38% increase. As at 31 January 2026:
- The median value for Houses in Mornington is $1,179,805 while the median value for Units is $812,084.
- Houses have a median rent of $680 while Units have a median rent of $595.
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