Secure Investment with Plenty of Upside
265 Boundary Rd, Mordialloc VIC 3195
Contact Agent
IndustrialSize: n/a
Block size: 1990 m² approx.
Morrison Commercial is proud to offer this excellent opportunity. The property is located in a high exposure location on Boundary Rd in the Heart to the Braeside/Mordialloc Industrial precinct.
Boasting a secure long-term tenant, this offering provides the ideal platform for investors seeking stability and growth potential. With the prospect of future development this property opens doors to a multitude of possibilities.
Spanning an impressive total land area of 2,151sqm*, it's worth noting that a designated easement for the Mordialloc settlement drain traverses the rear portion of the property. This ensures approximately 1,990sqm* of easily accessible and functional space, tailored to meet a wide array of commercial needs.
The building itself, covering an expansive 627sqm*, primarily comprised of warehouse, reception area, offices, and amenities.
Key Features:
High-exposure location on Boundary Road
Heart of the Braeside/Mordialloc Industrial precinct
Secure, long-term tenant
Future development potential
Total land area: 2,151sqm*
Usable land area: 1,990sqm*
Building area: 627sqm*
Lese Details:
Rent: $87,466.08 plus GST & Outgoings (excluding land tax)
Lease Strat: 1/12/2021
Term: Three (3) years
Further Term: Three (3) years
Increases: CPI annually, Market at expiry
Mordialloc is Situated 26km* south-east of Melbourne's CBD and within close proximity to major roads including Nepean Highway, Lower Dandenong Road, Springvale Road, Eastlink, Dingley Bypass & the recently completed Mordialloc bypass. Amenities surrounding the area comprise Moorabbin DFO, Moorabbin Airport and well known Golf Courses; Capital, Woodlands and Southern Golf Clubs.
Inspections are strictly by appointment only.
*All sizes are approximate
**All figures are GST exclusive unless otherwise stated. GST is payable in addition to amounts quoted.
Boasting a secure long-term tenant, this offering provides the ideal platform for investors seeking stability and growth potential. With the prospect of future development this property opens doors to a multitude of possibilities.
Spanning an impressive total land area of 2,151sqm*, it's worth noting that a designated easement for the Mordialloc settlement drain traverses the rear portion of the property. This ensures approximately 1,990sqm* of easily accessible and functional space, tailored to meet a wide array of commercial needs.
The building itself, covering an expansive 627sqm*, primarily comprised of warehouse, reception area, offices, and amenities.
Key Features:
High-exposure location on Boundary Road
Heart of the Braeside/Mordialloc Industrial precinct
Secure, long-term tenant
Future development potential
Total land area: 2,151sqm*
Usable land area: 1,990sqm*
Building area: 627sqm*
Lese Details:
Rent: $87,466.08 plus GST & Outgoings (excluding land tax)
Lease Strat: 1/12/2021
Term: Three (3) years
Further Term: Three (3) years
Increases: CPI annually, Market at expiry
Mordialloc is Situated 26km* south-east of Melbourne's CBD and within close proximity to major roads including Nepean Highway, Lower Dandenong Road, Springvale Road, Eastlink, Dingley Bypass & the recently completed Mordialloc bypass. Amenities surrounding the area comprise Moorabbin DFO, Moorabbin Airport and well known Golf Courses; Capital, Woodlands and Southern Golf Clubs.
Inspections are strictly by appointment only.
*All sizes are approximate
**All figures are GST exclusive unless otherwise stated. GST is payable in addition to amounts quoted.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Patrick Morrison to learn more about this property, request an inspection or take an online tour.
Key details
Property type:
Industrial
Block Size:
1990 m²*
Other Details
Lot:
3
Plan:
LP67418
Legal description:
3\LP67418
Maps and area information
Block information
Block size: 1990m² (approx)
Legal description: 3\LP67418
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
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Property history
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Mordialloc suburb information
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SummaryMedian sales
Average Age
42 years
Population
8,886
Listing ID: 182302013. This listing has been viewed 1 time. It was first displayed on 15/02/2024 and last updated on 25/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.