6/73 Canadian Bay RoadMount Eliza VIC 3930
Property Details for 6/73 Canadian Bay Rd, Mount Eliza
Last Listing description (August 2021)
** INSPECTIONS MUST FOLLOW MANDATORY COVID GUIDELINES **
Inspections strictly via pre arranged private appointment, Max 10 people (1 per 4sqm), no flu like symptoms or contact with known COVID cases, QR code location check-in, face mask, hand sanitiser and photo ID required.
Set your sights on position excellence, with the charm of the Village and the coveted Peninsula accessibility sought by many. With an abundance of foot traffic and an assured tenant with an established men's barber-shop business 'The Male Room', this exciting opportunity is a ready-made investment for any savvy investor.
- Approximately 72.8sqm (8 squares)
- Currently in the first year of a renewed 5 + 5 + 5 year lease
- Rental $43,400.64 per annum
- ALL outgoings paid by tenant (no cost to rental provider)
- Over 5% rental yield
- Large kitchenette with private office space
- Separate toilet
- 6.5m glass frontage
- 9.2m deep
- Masses of onsite parking
- Trusted long-term tenant (currently at 10+ years)
- Zoning Commercial 1
Boasting a coveted Village lifestyle within an elite beachside community, this is a very wise investment for any local or out-of-area investor seeking entry into an exclusive market. Positioned opposite the newly refurbished Woolworths and Ritchies IGA, and surrounded by niche cafes, restaurants and clothing boutiques.
The seaside town of Mount Eliza is a coveted suburb on the Mornington Peninsula known for its superb clifftop beaches, exclusive property prices and elite schools, as well as a beautiful blend of bay and woodland areas. The Village is a bustling centre of activity and a favourable location for many locals and businesses, including all four major banks and two significant supermarkets (Ritchies IGA & Woolworths). Mount Eliza is also served by two major roadways, the Nepean Highway and Moorooduc Highway, making this location easily accessible.
Please contact Daniel Marion on 0433 121 182 to arrange your very own private inspection.
Property History for 6/73 Canadian Bay Rd, Mount Eliza, VIC 3930
- 28 Jul 2021Sold for $870,000
- 19 Aug 2020Listed for Sale $895,000
- 09 Apr 2009Sold for $913,000
Recent sales nearby
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About Mount Eliza 3930
The size of Mount Eliza is approximately 23.4 square kilometres. There are 46 parks, covering nearly 8.9% of the total area. The population of Mount Eliza in 2016 was 17888 people. By 2021 the population was 18734 showing a population growth of 4.7% in the area during that time. The predominant age group in Mount Eliza is 10-19 years. Households in Mount Eliza are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Eliza work in a professional occupation.In 2021, 89.60% of the homes in Mount Eliza were owner-occupied compared with 88.00% in 2016.
Mount Eliza has 7,915 properties. Over the last 5 years, Houses in Mount Eliza have seen a -7.50% decrease in median value, while Units have seen a 10.56% increase. As at 31 August 2026:
- The median value for Houses in Mount Eliza is $1,647,943 while the median value for Units is $768,234.
- Houses have a median rent of $1,000 while Units have a median rent of $615.
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