MORNINGTON RETAIL
Posted on 10 October 2015
A supersized retail space in central Mornington, which includes three strata shops leased to popular Italian eatery chain D.O.C Pizza and Mozzarella Bar, is expected to sell for more than $5 million.
The four adjoining spaces total 429 square metres and will be sold with two leases in place - one to the restaurant and another, to the Bulk Whole Foods Market. Combined, according to Vinci Carbone selling agent Frank Vinci, the asset returns $308,000 in annual rent.
D.O.C trades from two stores in Drummond Street, Carlton, and another in Victoria Avenue, Albert Park.
The four adjoining spaces total 429 square metres and will be sold with two leases in place - one to the restaurant and another, to the Bulk Whole Foods Market. Combined, according to Vinci Carbone selling agent Frank Vinci, the asset returns $308,000 in annual rent.
D.O.C trades from two stores in Drummond Street, Carlton, and another in Victoria Avenue, Albert Park.