1/37 Dava Drive, Mornington, Vic 3931

Located in a serene and well-established residential pocket, this attractive commercial property offers an exceptional investment opportunity. Currently leased to Peninsula CPAP Services, the premises are secured under a 5-year lease with a further 5-year option, extending until June 14, 2034.

Key features include:

* Annual rental income: $37,440 + GST + outgoings
* Fixed annual rental increases of 4%
* Next increase effective June 14, 2026
* Impressive tenant fit-out – interior and exterior

This is a low-maintenance, tightly held location with strong tenant covenant and long-term security.

For further information or to arrange an inspection, please contact the listing agent.

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright.

* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.