Parkland views, bay side township, this allotment is set in the iconic township of Hastings and operates as a local Milk Bar under lease making it a worthy consideration for any investor.
The Milk Bar has successfully serviced the local community under the current management since 2020 with the operators recently taking up a further 3-year option on their lease. The property consists of the retail floor space with cool room and storage area all interconnected to a 3 bed 1 bathroom, home (2 separate toilets) at the rear of the building on approximately 1080m2 of land.
Wallaroo primary school is close by while Western Port Secondary College is within easy reach. The community boast many sporting facilities including tennis courts, a bowling club and sports ovals with Hasting's jetty being popular for sightseeing and fishing
Hastings sits the western shores of Western Port Bay opposite French Island. An attractive well-established community with a modern commercial centre, extending along the shores of the bay. The township attracts many daily and short-stay tourists all year round who come to enjoy nature walks along the bay, water sports and more.
The area is also home to some heavy industries like BlueScope Steel, an Esso-BHP refinery and a the naval facility HMAS Cerberus is a short distance away.
Property Features:
* Lot size 1080sqm (irregular shape)
* Retail outlet with connected 3 bedroom home with, 1 Bath, 2 WC, 2 Cars
* Leased area 285m2 approximately,
* Lease, renewed 15 Dec 2023; term 3 years (one further term of 4 Years available)
* Milk Bar (General grocery store)
* Rental: $ 3,449.10pcm including GST, Plus outgoings
* Location: Mornington Peninsula
* Zoning: General Residential Zone 1