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.
