Overview
|Property ID: LA-17880
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
The Precinct Studios introduces a smarter way to store, create and set up the things that matter. Purpose-built and secure, these adaptable spaces bring a new level of quality to the Peninsula, offering room for business projects, passions and everything you never had space for at home.
Each studio gives you the freedom to create your own setup, whether you’re maintaining equipment, working on a hobby, or expanding the storage footprint of your home or business. The layouts support occasional working, tinkering, and specializes use without crossing into full-time business occupancy.
The Mornington Peninsula has a chronic shortage of highquality, purpose-built storage. Industrial vacancies sit well below Melbourne averages, and demand for secure, flexible spaces continues to rise. The Precinct Studios responds with a rare product: modern build quality, strong security, and a location surrounded by growing residential and industrial catchments
Additional Details
- Property Type: FIRBSMSF Freehold New BuildCommercial
- Property Stage: N/A
- Price: $ 401,500.00
- Land Price: N/A
- Build Price: N/A
- Beds: N/A
- Bath: N/A
- Garage: N/A
- Storey: N/A
- Study: N/A
- Power Rooms: N/A
- MPR: N/A
- Powder Room: N/A
- Balcony: N/A
- Floor Plan: Studio
- Completion: N/A
- Land Size: N/A
- Area Size: 103.00
- Year Built: N/A
- Est. Rates: N/A
- Est. Rent PW: 309.00
- Est. Body Corp.: N/A
- Title Status: N/A
- Gross Per Week: $ 309.00
- Gross Per Annum: $ 9,672.00
- Gross Yield: 4.00%
- Capital Growth 12 Months: -3.75%
- Capital Growth 10 Year Annualised: 7.60%
- Vacancy Rate: 0.70%
Property on Map
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