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265 Boundary Road
Mordialloc VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 627m2
Land area: 1990m2
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Secure Investment with Plenty of Upside

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*
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Property Details for 265 Boundary Rd, Mordialloc

Building Type
Commercial
Floor Size
627m2
Land Size
1990m2

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About Mordialloc 3195

The size of Mordialloc is approximately 4.4 square kilometres. It has 18 parks covering nearly 24.6% of total area. The population of Mordialloc in 2011 was 7,536 people. By 2016 the population was 8,160 showing a population growth of 8.3% in the area during that time. The predominant age group in Mordialloc is 40-49 years. Households in Mordialloc are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mordialloc work in a professional occupation. In 2011, 67.7% of the homes in Mordialloc were owner-occupied compared with 66.2% in 2016.

Mordialloc has 5,500 properties. Over the last 5 years, Houses in Mordialloc have seen a 22.28% increase in median value, while Units have seen a 13.84% increase. As at 31 August 2024:

  • The median value for Houses in Mordialloc is $1,327,455 while the median value for Units is $706,163.
  • Houses have a median rent of $680 while Units have a median rent of $510.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Mordialloc on OnTheHouse. According to CoreLogic's data, 246 properties were sold in the past 12 months in Mordialloc.

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Patrick Morrison
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Steve Aylen
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Morrison Commercial
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