- Commercial
- Property Type
- N/A
- Bedrooms
- TBA
- Bathrooms
- TBA
- Cars
- 67
Details
Updated on Oct 13, 2026
| Property Type: | Commercial |
|---|---|
| Secondary Type: | SMSF |
| Price: | $ 434,830 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 375 |
| Gross Per Annum: | $ 19,500 |
| Gross Yield: | 4.48% |
| Capital Growth 12 Months: | 25.00% |
| 10Yr Annualised Growth: | 5.14% |
| Vacancy Rate: | 1.19% |
| Property Size: | 67 m2 |
| Land Area: | TBA m2 |
|---|---|
| Bedrooms: | N/A |
| Bathrooms: | TBA |
| Parking: | TBA |
| Title Status: | Completion: Q3-2026 |
| Property ID: | 40851 |
| SKU: | 1056 |
Description
Positioned within the growing commercial precinct of Mornington, this modern Storage Space offers a secure and low-maintenance solution for both personal and business storage needs. Designed for flexibility and convenience, the property is ideal for equipment storage, business inventory, vehicle storage, or long-term investment purposes. Featuring secure access and practical functionality, this is an excellent opportunity within a high-demand commercial location.
Suburb profile:
Mornington is a vibrant coastal township on the Mornington Peninsula, offering an appealing blend of relaxed seaside living, established amenities, and commercial investment potential. The popular Main Street precinct features an extensive selection of boutique retailers, cafés, restaurants, supermarkets, and professional services, while Mornington Foreshore and the pier provide attractive destinations for leisure and recreation. Local bus services connect the township with Frankston and surrounding Peninsula communities, supporting convenient access to broader transport networks and essential services. With its established business community, popular shopping destinations, and year-round visitor appeal, Mornington presents an attractive setting for businesses and investors seeking long-term commercial opportunities.
This Storage Space in Mornington provides a practical, low-maintenance option for businesses, tradespeople, and individuals needing additional storage. Its flexible use supports a range of requirements, from tools and equipment to business inventory and other essentials. An appealing opportunity for buyers seeking functionality, convenience, and long-term usability.
Commercial properties represent a powerful investment opportunity, offering the potential for strong rental yields and long-term lease security.
These properties are typically designed to accommodate a wide range of businesses, including retail, office, medical, and hospitality operators, providing flexibility and broad tenant appeal.
Strategically located in high-exposure areas such as business districts, growth corridors, and busy suburban hubs, commercial assets benefit from consistent foot traffic, strong visibility, and accessibility.
Commercial tenants often enter into longer lease agreements compared to residential tenancies, providing investors with stable and predictable income streams.
For investors, commercial properties offer attractive advantages including higher returns, lower ongoing management compared to multiple residential tenancies, and the potential for rental increases aligned with market conditions or CPI.
With the continued expansion of businesses and services across Australia, commercial real estate remains a resilient and scalable investment option for those seeking diversification and long-term portfolio growth.
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.