Mornington Investment Opportunity

Located in the vibrant Dunedin suburb of Mornington, this is a rare opportunity to acquire a freehold investment property tenanted by the well-established and highly regarded Alto Café.
Positioned on a single freehold title of 150m² (more or less), the property has a strong trading history, originally constructed in the 1950s and previously home to a fruit supply store and butcher. In 2008, it was fully refurbished to accommodate its current café fit-out.
The property is leased under a ADLS lease to the current café operators, with a final expiry in 2031 (full lease details available on request). This long-term tenancy provides an income-generating investment with proven performance.
The current owners have held the property for over 17 years and are now offering it to the market as they look to pass it on to new owners. This is an exciting opportunity for investors seeking a well-tenanted commercial asset in a strong suburban location.

• Freehold title - 150m² (approx.)
• Established tenant - Alto Café
• ADLS lease to 2031
• High-profile corner site in Mornington

Information Memorandum available on request. Viewings strictly by appointment