Mornington

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A trophy home in Mornington, Victoria has hit the market for the first time in over 40 years. 
It has been listed for sale with $3 million to $3.3 million hopes. 
The three bedroom, two bathroom house is situated on two titles at <a href="https://www.realestate.com.au/property-house-vic-mornington-133041834" target="_blank">4-6 Morell Street</a>. 
The home comes with kitchen with granite benchtops, dining and living areas, master suite and two additional bedrooms. 
Other highlights including undercover outdoor entertaining areas, storage rooms, double garage, lawns and green gardens. 
The well maintained home lies within a 100m walk to the beach and main street. 
Leanne William and Vicki Sayers of RT Edgar Mount Eliza have the listing.
A virtual 3D home tour is available. 
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Mornington trophy home offered for the first time in over 40 years

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A private investment group has listed one of the first premium grade healthcare offerings in Mornington in two years.  
Recently refurbished, the property sits within the centre of the Mornington healthcare hub. 
CBRE agents Josh Twelftree, Sandro Peluso, Jimmy Tat and Marcello Caspani-Muto have been exclusively appointed to negotiate the sale, following a generous track record of success along Melbourne’s coast. 
Mr Twelftree noted, “The property’s Beleura Hill medical precinct location is a relatively tightly held pocket in the area.” 
“Less than 1km from Beleura Private Hospital, Bays Hospital and Mornington Centre – Peninsula Health, it’s a real medical hotspot – benefiting from strong cross flow demand in the region.”  
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/20/1050_Nepean_LifeStyle036.jpg" alt="">
The 635 sqm landholding features a medium-term lease to beauty clinician Jo Hannah of Hannah Aesthetics, former CEO of ASX listed Total Face Group, offering a passing income of $90,000 per annum. 
1050 Nepean Highway will be sold via public auction on July 13.
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Rare refurbished medical property offered in Mornington

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A fully leased childcare centre at Mornington has sold for $1,365,000 on a 4.2 percent yield.
It sold for $165,000 above reserve at its recent auction through Teska Carson agents George Takis and Fergus Evans.
The property attracted a high level of interest from local, interstate and off-shore interests with three bidders driving the auction, according to Takis and Evans.
"The property ticked all the boxes for astute investors in a red hot market for childcare centres nationally and so the result was not a huge surprise," Takis said
"Childcare is one of Australia’s strongest growth industries and, with forecasts that it will continue apace, property sales will continue to record strong results."
Takis said the entry-level investment, offered a secure lease profile in a government backed industry in an excellent location and with the potential for future development.
The property at <a href="https://www.realcommercial.com.au/property-retail-vic-mornington-502594294" target="_blank">18-20 Fleet Street</a> comprises a 400 sqm building on a 1200 sqm site. 
It was sold subject to a five year lease at a current net annual rental of $58,000 with four percent annual increases.
 
 
 
 
 
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Mornington childcare centre sells on 4.2 percent yield

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A fully leased childcare centre in Mornington has been listed for auction on November 17.
The <a href="https://www.realcommercial.com.au/property-retail-vic-mornington-502594294" target="_blank">18-20 Fleet Street</a> property comprises a 400 sqm building on a 1,200 sqm  site and is close to the town centre. 
The property will be sold subject to a five-year lease at a current net annual rental of $58,000 with 4 per cent annual increases.
It is being marketed by Teska Carson’s Fergus Evans and George Takis.
“The centre has been built in a perfect location for working parents looking for an easily accessible childcare centre and one which offers the best facilities for their children,’’ Evans said. 
He added that said the “entry level’’ investment offered a secure lease profile in a government-backed industry in an excellent location and with the potential for future development.
Takis said Mornington had recently emerged as one of the most sought after bayside investment locations in Melbourne.
“Childcare is one of Australia’s strongest growth industries and that fact will not be lost on the growing local investment community,” Takis said. 
Earlier this month, a securely leased retail property at 185 Main Street in Mornington sold at auction for $2.2 million on a yield of 3.86 per cent.
Several weeks earlier a retail property at 157 Main Street sold at auction for $2.9 million on a 3.52 per cent yield.
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Childcare centre in Mornington to go under the hammer

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A coastal-front Mornington house with a Japanese fusion architecture flavour has been listed for sale.
Located at <a href="https://www.realestate.com.au/property-house-vic-mornington-125203114" target="_blank">51 Morell Street</a>, Hinansho has views of not only Mornington Harbour, but also of the bay.
Featuring sauna, tiled swimming pool and spa with gas heating the property has a vast upper living area that opens up to a BBQ deluxe deck with views.
The second lower lounge opens up to the poolside alfresco patio.
Kitchen features a butlers’ pantry with additional burners sink and dumbwaiter along with gold-flecked Brazilian bench tops, teppanyaki hot plate, induction wok, dual ovens and Miele dishwasher.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/19/51%20Morell%20Street-2.jpg" alt="">
Master bedroom features shoji sliding screen, deck access and fitted walk-in robe.
The two deluxe bathrooms come with freestanding Kohler spa baths.
Other features includes six car garages, wine cellar with tasting room, Zen fishpond, bridge and underground water tank.
The property is offered through McEwing and Partners agents Campbell Noonan and Dean Phillips.
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Coastal Japanese-fusion Mornington house, Hinansho, listed for sale

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Bidding only got to $150,000 when Ross and Jan Machar offered their rare double-storey boat shed on Mornington’s Shire Hall Beach under the hammer on Saturday.
There were hints it had the potential for double that.
A big crowd turned up - and estate agents in suits too.
It’s bigger and brighter than most of the others along Melbourne’s other beach boxes.
The couple will even be throwing in the <a href="https://www.realestate.com.au/property-unit-vic-mornington-124350086" target="_blank">shed’s contents</a> with the sale, including a rowboat, paddle board and windsurfer which are stored in the property’s lowest level, plus wetsuits, life jackets, beach toys, deck chairs and the artworks that adorn the walls.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/30/DSCN9026.jpg" alt="">
The Machars purchased the 25sq m shed 15 years ago for about $50,000.
Painted it in a vivid colour scheme that reflects a coral reef, the bathing box has been enjoyed by their four children and eight grandkids.
It has views of the Mornington Pier marina, Port Phillip Bay and the city skyline.
LJ Hooker Frankston listing agent George Konstandakos said the shed, No. 37, was difficult to price.
“The council valuation says it’s worth more than $160,000, but anything can happen on auction day.
“It could go well over $300,000,” he told the Herald Sun pre-auction.
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Mornington bathing box listed for sale after $150,000 top weekend bid

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A custom-built five bedroom white trophy in Mornington is looking to fetch $7 million plus.
Set on 1190 sqm in Mornington's most elite neighbourhood, the three level home offers water views from almost every room.
Although there are entertaining areas on each level and floor-to-ceiling windows and sliding doors to patios and balconies, the top floor is the hub of the home with high curved ceilings, gourmet kitchen and balconies. 
The adjoining lounge and dining areas have a wet-bar and open to a large balcony overlooking Schnapper Point and the Mornington harbour.
The master suite shares the upper level, while a further four bedrooms on the lower and mid-levels, two more deluxe bathrooms and a powder room provide luxury accommodation for family or guests.
An office/library, games room, lagoon style pool, 1500-bottle sub-level wine cellar, hobby room, spa-bath, four-car garage are also included in this 3332sqm generous cliff top allotment at 21 Kalimna Drive, Mornington.
Dean Phillips and Amy Day of McEwing Partners have the listing of <a href="https://www.realestate.com.au/property-house-vic-mornington-122100666" target="_blank">21 Kalimna Drive</a> which is 57 kilometres from the Melbourne CBD. 
When is a pre-purchase building inspection a must?  What do they entail?  How does one interpret the results?  What defects can be fixed and which ones should prompt you to walk away. Jarrod McCabe, associate director, Wakelin Property Advisory and Peter Alexander, building inspector, Safehome Building Inspections present a webinar for Victorian home buyers on April 20. <a href="https://wakelin.com.au/inspection" target="_blank">Click here to register</a>.
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Five bedroom Mornington trophy listed

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A beach box professionally painted with the Australian flag is back on the market in Mornington, Victoria.
The beach box retains hopes of a <a href="https://www.mcewingpartners.com/index.cfm?pagecall=property&amp;propertyid=2941071" target="_blank">$100,000 buyer</a>.
The beach box was up for sale in January this year. It is now on the market through Campbell Noonan of McEwing Partners.
The bathing box sits on Shire Hall Beach, just steps from the car park and walking distance to Main Street.
Beach and bathing boxes are icons of the Victorian beachscape and occupy an important role in bayside beach life.
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