81 Watt RoadMornington VIC 3931
Property Details for 81 Watt Rd, Mornington
Last Listing description (December 2021)
This building offers a rare retail opportunity with office and warehouse in a high profile location on Watt Road in Mornington.
Ticking all the boxes for an investor or owner occupier, this property is approximately 634m2 and features include:
* Two storey office/retail/warehouse
* 8 car parks on title
* Ground floor - 321.9m2 (approx) warehouse and 138.2 m2 (approx) entry and retail
* Upstairs - 173.9 m2 (approx) office space
* Retail permit in place on the ground level
* Located next door to a popular Cafe
Please contact Michelle Adams directly on 0407 743 858 for more information
Property History for 81 Watt Rd, Mornington, VIC 3931
- 21 Oct 2020Sold for $1,450,000
- 01 Apr 2020Listed for Sale $1,490,000 (plus GST if applicable)
- 30 Mar 2015Sold for $1,012,000
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About 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 15,780 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.
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