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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 5,515 properties. Over the last 5 years, Houses in Mordialloc have seen a 15.03% increase in median value, while Units have seen a 13.11% increase. As at 31 October 2024:

  • The median value for Houses in Mordialloc is $1,319,900 while the median value for Units is $721,054.
  • Houses have a median rent of $670 while Units have a median rent of $550.
There are currently 18 properties listed for sale, and 12 properties listed for rent in Mordialloc on OnTheHouse. According to CoreLogic's data, 237 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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