SOLD
RECENT ADVICE
Sold on 20 Nov 2023 - Price Unavailable

10/170 Boundary Road
Braeside VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1512m2
Land area: 3120m2
Improve this data
Share
Save

Property Details for 10/170 Boundary Rd, Braeside

Building Type
Commercial
Floor Size
1512m2
Land Size
3120m2
Local Government
Kingston
Lot/Plan
10/SP23211

Last Listing description (November 2023)

Located in the heart of the Braeside Industrial precinct this investment opportunity is not to be missed.

The food factory is comprised of a total 1,512 sqm which includes various processing rooms, store rooms, kitchens, cool rooms and offices. The existing tenant has recently signed a new five (5) year lease with options potentially taking the tenure through to 2038.

With a rear yard totaling 1,100 sqm, the property has long term development potential for a savvy investor.

Lease Details:

Rental: $225,000pa plus GST & Outgoings
Lease Commenced: 1st July 2023
Term: Five (5) years
Further Terms: Five (5) years + five (5) years
Increases: CPI annually, market reviews at expiry.

Sale Price: $3,200,000, 10% deposit, settle 60/90 days

The lease terms, location, and future potential is an opportunity not to be missed. The opportunity won't be available long, call now to ensure you don't miss out.

Inspections are strictly by appointment only.

Show More

Property History for 10/170 Boundary Rd, Braeside, VIC 3195

A timeline of how this property has performed in the market
Last Sold
20 Nov 2023
  • 02 Nov 2023
    Sold for $3,050,000
  • 03 Oct 2023
    Listed for Sale $3,200,000
  • 19 May 1995
    Sold for $950,000

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 1,641 properties.

    There are currently 3 properties listed for sale, and 5 properties listed for rent in Braeside on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Braeside.

    Braeside Profile Page

    Suburb Insights for Braeside 3195

    Visit Braeside profile page
    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    Visit Braeside profile page
    Contact agent
    Patrick Morrison
    Show contact details
    Call agent
    Steve Aylen
    Show contact details
    Call agent
    Morrison Commercial
    Preferred contact:
    Privacy Policy
    CoreLogic Copyright and Legal Disclaimers about Property Data

    © Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

    Disclaimer
    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.

    This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

    X

    GETTING STARTED