5/32 Mountjoy Parade, Lorne VIC

Highly Desirable Coastal Investment Freehold

Gartland are excited to offer For Sale a prominent leased investment positioned within the Great Ocean Road's most established retail and tourism precinct.

Situated in the heart of the Surf Coast's most popular and highly trafficked main street with exposure to growing residential population and major tourism flows and surrounded by an array of Australia's most renowned hospitality and retail operators.

Property is perfectly positioned underneath the Anchorage Motel & Apartments - 16 Apartment/Villa Complex

High growth precinct with excellent exposure

Excellent Tenant in Place - Lorne Convenience Store

Car Parks: 17 with 1 car park reserved for Tenant

Current Passing Rent $31,200.00 per annum + GST (net)

Tenant Pays all outgoings bar Land Tax

Lease Commencement - 24th April, 2025

Two (2) options of Two (2) years each

CPI annual increments and Market Review at Option

Build area: 117 sqm approx including front covered area.

Commercial Zone 1

Adam Farrell