FOR SALE
AUCTION

352 Lower Dandenong Road
Mordialloc VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1222m2
Land area: 1222m2
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Invest, Develop in an Iconic Position

Invest, develop, and make history with an iconic business location, a substantial parcel of land, and a rare Mordialloc commercial address. Home to an iconic local business, this versatile offering comprises a streetfront shop-warehouse, a rear dwelling, and secondary streetfront access. See the potential in the existing business infrastructure and consider the possibilities for ongoing leasing or operation. Upgrade the rear dwelling for a possible second income stream, or look to the future with an all-new use for this well-addressed, well-positioned dual street-access property opposite a fast-developing new commercial and retail hub at the gateway to the south-eastern suburbs.
Approx. 1222 sqm commercial site:
- High-profile position at the gateway to the south-eastern suburbs
- Access to a second street frontage on Boundary Lane-accessible from Boundary Rd.
- Side lane with scope to open up thorough access to Boundary Lane
- 2 crossovers
- Shopfront apron parking
- High-profile shopfront-warehouse:
- Decades-long tenancy to landmark local business, Beau-Tone Dry-Cleaning
- Offered now for vacant possession with all infrastructure in place
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Property Details for 352 Lower Dandenong Rd, Mordialloc

Building Type
Commercial
Floor Size
1222m2
Land Size
1222m2

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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 5,554 properties. Over the last 5 years, Houses in Mordialloc have seen a 10.78% increase in median value, while Units have seen a 11.08% increase. As at 30 November 2024:

  • The median value for Houses in Mordialloc is $1,294,925 while the median value for Units is $716,657.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Mordialloc on OnTheHouse. According to CoreLogic's data, 230 properties were sold in the past 12 months in Mordialloc.

Suburb Insights for Mordialloc 3195

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Frank Hellier
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EXP AUSTRALIA VIC
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.