20 Lucerne Avenue, Mornington, Vic 3931

Bedrooms
2
Bathrooms
1
Parkings
1
Area
1691m2
Type
Unit

Last updated on Tuesday, November 21, 2023

$2,750,000

Chris Dods Senior Property Consultant | Licensed Estate Agent
Cameron McDonald Director | Licensed Estate Agent

20 Lucerne Avenue, Mornington, Vic 3931 - More Details

$2,750,000

SIX INDIVIDUALLY TITLED UNITS

This established 6 unit strata title complex is the perfect investment vehicle, with steady income for you or your SMSF now, and with excellent re-development potential (STCA) into the future to take advantage of a sought after beachside location and 1691sqm (approx.) of space.

The existing leases for each 2 bedroom unit pay a total of $125,000 per annum (approx.) and have been recently reviewed to market rates and are a mixture of fixed and periodic tenancies. A generous common property driveway provides vehicular access to each single carport and allows for garden privacy between each unit and additional parking.

An enterprising new owner may also decide to renovate each unit and then sell them separately at a time of their choosing. Nearby public transport, medical and shopping facilities are all attractive to current and future tenants.

Please contact the listing agents for more detail on the individual leases and further information on the preferred sale terms.
Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1
Area
1691m2

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20 Lucerne Avenue Mornington VIC 3931

Property FAQs

How many bedrooms does the property listed 20 Lucerne Avenue, Mornington, Vic 3931 feature?

20 Lucerne Avenue, Mornington, Vic 3931 is a 2 bedroom Unit.

What are the standout features of the 20 Lucerne Avenue, Mornington, Vic 3931?

Explore all key property features for 20 Lucerne Avenue, Mornington, Vic 3931. Click here to find out more.

What is the total land area and built-up area of the 20 Lucerne Avenue, Mornington, Vic 3931?

The total land area and built-up area of the 20 Lucerne Avenue, Mornington, Vic 3931 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 20 Lucerne Avenue, Mornington, Vic 3931?

20 Lucerne Avenue, Mornington, Vic 3931 can accommodated 1 vehicles in the parking area.

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