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2/252 Boundary Road
Braeside VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 288m2
Land area: 288m2
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Secure Tenanted Investment

Call now to secure this fantastic little investment located on Boundary Road right in the heart of the Braeside/Mordialloc Industrial Precinct.
Securely leased to Middy's at a rental of $37,440pa** plus GST (if applicable), recently renewed the two (2) year term runs through until 31/05/2026 and has two (2) further options of two (2) years.
The property is ideal for a new investor entering the commercial market or a seasoned investor looking to add to their portfolio.
Lease Details:
Rent: $37,440pa** plus GST (if applicable)
Lease Start: 01/06/2024
Term: Two (2) years
Further Terms: Two (2) years + Two (2) years
Increases: CPI annually, market at renewal
Inspections Strictly by appointment only.
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Property Details for 2/252 Boundary Rd, Braeside

Building Type
Commercial
Floor Size
288m2
Land Size
288m2

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About Braeside 3195

The size of Braeside is approximately 8.5 square kilometres. It has 6 parks covering nearly 44.2% of total area. The population of Braeside in 2011 was 10,186 people. By 2016 the population was 6 showing a population decline of 99.9% in the area during that time. The predominant age group in Braeside is 10-19 years. Households in Braeside are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Braeside work in a managers occupation. In 2011, 86.5% of the homes in Braeside were owner-occupied compared with 40% in 2016.

Braeside has 1,634 properties.

    There are currently 3 properties listed for sale, and 5 properties listed for rent in Braeside on OnTheHouse. According to CoreLogic's data, 40 properties were sold in the past 12 months in Braeside.

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    Patrick Morrison
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    Steve Aylen
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    Morrison Commercial
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