13-15 Bate DriveBraeside VIC 3195
Property Details for 13-15 Bate Dr, Braeside
Last Listing description (August 2018)
CVA Property Consultants together with Colliers International are pleased to offer for your consideration this substantial high profile industrial land holding at 5 - 15 Bate Drive, Braeside for Expressions Of Interest closing Thursday 17th May at 2pm.
This outstanding site totaling 15,636 sq metres* is divided into four (4) titles as per the below breakdown and we invite offers to purchase the site as a whole site or isolated lots based on the purchaser's requirements. Currently leased for a period of 12 months* to a long standing tenant, all properties are sold as a going concern and are not subject to GST.
Lot 1 (5-7 Bate Drive): 6460 sq metres*
Lot 2 (9 Bate Drive): 1000 sq metres*
Lot 3 (11 Bate Drive): 999 sq metres*
Lot S (13 - 15 Bate Drive): 7176 sq metres*
The property is located right next to the proposed , a 9km arterial road linking the end of the Mornington Peninsula Freeway at Springvale Road to the Dingley Bypass, a $375 million project funded by State Government that will provide supreme access to this site with entry and exit points on Governor Road.
The property is also easily accessible just off Governor Road and main arterial networks including Springvale Road, Boundary Road and Lower Dandenong Road.
The growth and potential of this property is further propelled by the neighboring proposed industrial subdivision by Frasers Property Australia in which this property will feature a frontage location as Bate Drive will be the entrance point to that estate.
Key Property Features:
- A significant industrial development site of 15,636m2*
- Industrial 1 Zoning
- 4 titles on offer providing flexible options to owner occupiers and developers
- Located next to the proposed Mordialloc Bypass providing supreme access to the area
- At the entrance to the proposed Frasers Property industrial land subdivision
- Accessible to major arterials including Governor Road, Springvale Road & Lower Dandenong Road.
- Purchase the whole site or lots as per the purchaser's requirements
This is an opportunity to secure a substantial land holding in one of Melbourne's fastest growing and highly sought after areas. Please contact CVA Property Consultants for further information.
*Approx
Property History for 13-15 Bate Dr, Braeside, VIC 3195
- 23 May 2018Sold for $3,257,904
- 17 Apr 2018Listed for Sale SOLD - Price Withheld
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0About 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 1,649 properties. Over the last 5 years, Houses in Braeside have seen a 30.25% increase in median value, while Units have seen a 25.53% increase. As at 31 October 2024:
- The median value for Houses in Braeside is $1,554,848 while the median value for Units is $991,485.
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