9 Waltham DriveMornington VIC 3931
Property Details for 9 Waltham Dr, Mornington
9 Waltham Dr, Mornington is a 4 bedroom, 0 bathroom House. The property has a land size of 724m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 4 bedroom House sold in Mornington in the last 12 months.
Last Listing description (November 2023)
CBRE Australian Healthcare & Social Infrastructure is pleased to exclusively present for sale, 9 Waltham Drive, Mornington Cnr Bendix Ct. The subject property is offered as part of the National NDIS Housing Portfolio, comprising seven (7) assets for sale individually or in-one line across Victoria and Canberra.
All assets are located within established residential locations with significant remaining tenure and notable underlying landholdings.
Bespoke construction and refurbishment across all homes has occurred with regular maintenance minimising immediate CAPEX expenditure.
With a 60% shortfall in disability housing as at Oct-2023, the demand for this essential service has never been greater with the strength of long-term demand prospects unquestionable.
+Valuable NDIS compliant improvements of 207 sqm* with recent CAPEX expenditure to ensure minimal long-term maintenance costs
+ Land rich opportunity with underlying land area of 724sqm*
+ Leased to ACARES (Subsidiary of Zenitas Healthcare) leading Australian provider of disability, aged care, and health services and owned by a notable consortium of private equity capital
+ Annual income of $86,819* pa plus outgoings with fixed annual 3.5% increases
+ Ten (10) year lease term plus two (2) further ten (10) year options to 2051
LOCATION
+ 73% of participants with NDIS funding within the City of Mornington Peninsula are currently living in SDA dwellings - significant unmatched demand (source: ndis.gov.au)
+ Positioned within high-density residential location including multiple essential services within walking distance - Benton Shopping Centre (1km*), Chemist Warehouse Mornington (730m*) & Beleura Private Hospital (2km*)
+ Accessible via car & bus with the Mornington Peninsula link only a short drive away providing direct access to many metropolitan Melbourne locations
+ Strong underlying land value with Mornington's median house price having increased by 110% over the past 10 years ($1,100,000)
FOR SALE VIA EXPRESSIONS OF INTEREST CLOSING Thursday 23rd November 2023 at 2:00pm (AEST)
For further information, contact the exclusive sales agents;
Marcello Caspani-Muto
+61 417 065 777
Sandro Peluso
+61 418 389 757
Jimmy Tat
+61 439 399 118
*approx.
Property History for 9 Waltham Dr, Mornington, VIC 3931
- 30 Oct 2025Sold for $1,350,000
- 27 Oct 2023Listed for Sale Contact Agent
- 21 Mar 2002Sold for $268,000
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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 15,783 properties. Over the last 5 years, Houses in Mornington have seen a 8.35% increase in median value, while Units have seen a 10.07% increase. As at 31 May 2026:
- The median value for Houses in Mornington is $1,194,316 while the median value for Units is $814,385.
- Houses have a median rent of $733 while Units have a median rent of $600.
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