Mornington VIC 3931, Australia
Also written as Unit 1, 1A Main Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 3 Aug 2010 | $1,355,000 | — |
| Sale | 7 Mar 2003 | $1,010,000 | — |
The site comprises 709 m² of land, providing ample space for development or expansion
Located on Main Street, the property is within walking distance of the popular Wednesday market, the Mornington Cinemas, several beaches and the town’s main retail and dining precinct, ensuring high visibility and regular pedestrian flow
The property is close to major roadways – Peninsula Link, Nepean Highway and Moorooduc Highway – and is served by Melbourne bus routes 781, 784, 785 and 788. The historic Mornington railway station is also only about 0.3 km away
Within a few hundred metres are the Mornington Cinemas, police station, post office, multiple beaches (Scout Beach, Mothers Beach, Royal Beach) and the Mornington Yacht Club, providing opportunities for tourism‑linked services, hospitality and retail
Given the strong tourist draw, proximity to the market day, beaches and local eateries, the site is ideal for retail boutiques, cafés, tourism‑oriented services, boutique hotels or professional offices that benefit from high community and visitor traffic
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