21/20 Main Street, Mornington, Vic 3931

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings
65 m²
Area

Published on Monday, May 04, 2026 ( See property details for 21/20 Main Street, Mornington, Vic 3931)

$750,000-$825,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully presented, fully furnished one-bedroom apartment in the iconic Miramar complex, offering stunning bay views, strong income potential, and exceptional lifestyle convenience in Mornington.

🏡 Property Highlights

  • Prime central location just 800m from Mother's Beach and Mornington Park
  • Positioned within the award-winning Miramar complex with iconic status
  • Light-filled, fully furnished one-bedroom apartment with bay views
  • Proven strong income stream from short stay and long-term rentals
  • Spectacular rooftop terrace with 250+ degree bay and coastline views
  • Secure fob entry and underground stacker car parking

✨ Key Features

  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Waterfront / Views
  • Balcony
  • Garage / Secure Parking

Mornington is a vibrant coastal suburb renowned for its stunning beaches, lively café culture, and boutique shopping. It offers excellent public transport links, proximity to parks and recreational areas, and a strong community atmosphere. The area is highly sought after for both lifestyle and investment opportunities, with a mix of holidaymakers and residents enjoying its relaxed coastal charm.

Is the apartment suitable for short-term holiday rentals?
Yes, the apartment is fully furnished and has a proven income stream from short stay rentals, making it ideal for holidaymakers and investors.
What amenities are available within the complex?
The Miramar complex offers a rooftop terrace with bay views, communal BBQ area, seating zones, firepit, shared veggie patch, secure fob entry, and underground parking.
Can I live in the apartment full-time?
Absolutely, the apartment is suitable for owner-occupiers, downsizers, or those seeking a convenient coastal lifestyle.
Is the apartment furnished and move-in ready?
Yes, the apartment is fully furnished, allowing for immediate occupancy or rental income generation.
What is the rental income potential?
Short stay returns are approximately $300–$550 per night, with an average long-term rental return of around $38,000 per annum.
Are there any upcoming maintenance or renovation works planned within the Miramar complex? What are the strata or body corporate fees, and what do they cover? Are there any restrictions on holiday letting or short-term rentals in the complex? Is there any history of flooding or bushfire risk in the area? Are there any planned developments or zoning changes nearby that could affect the property’s value or lifestyle?

21/20 Main Street, Mornington, Vic 3931 - More Details

$750,000-$825,000

Positioned within the award-winning & iconic 'Miramar' building, "Lulu @ Miramar" offers a rare opportunity to secure a truly special one-bedroom apartment in one of Mornington's most tightly held and sought-after locations. Showcasing bay views from the private balcony and just moments from the shoreline, this residence delivers the perfect blend of lifestyle, convenience, and income potential. Whether you're an investor, holidaymaker, or owner-occupier, this beautifully presented, fully furnished apartment is ready to enjoy immediately while offering exceptional flexibility and strong returns.

Property Highlights:
• Prime central location – approx. 800m to Mother's Beach and Mornington Park
• Positioned in the iconic, award-winning Miramar complex
• Light-filled one-bedroom apartment on the second floor (lift access across 4 levels)
• Private balcony with bay views
• Fully furnished – move straight in or continue as a high-performing Airbnb
• Proven income stream:
o Short stay returns of approx. $300–$550 per night
o Long-term rental average rental return $38,000 per annum
• Ideal for investors, downsizers, first-home buyers, or holidaymakers
• Secure fob entry and underground stacker car parking

Lifestyle Features:
• Spectacular rooftop terrace with 250+ degree bay and coastline views
• Communal BBQ area, seating zones, and firepit – perfect for entertaining
• Shared veggie patch for residents
• Surrounded by cafés, restaurants, and boutique shopping
• Two supermarkets within easy walking distance
• Airport shuttle bus at your doorstep
• Public transport connecting Frankston to Portsea also at your doorstep

Why You'll Love It:
• Rare opportunity to secure a sub-$1M property in a premium Mornington location
• Flexibility to live in, lease out, or holiday let
• Strong, established income history
• Turnkey offering with everything in place


INSPECTIONS BY APPOINTMENT
Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1
Area
65 m²

Price guide

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