POSSIBLE OPTION OF VACANT POSESSION
Ideally located in the fast-growing area of Braeside this development offers outstanding access to current major arterial roads and is only 500 metres to the Dingley Bypass extension. Would Suit investor or wait out the remaining two years of the lease and occupy.
Total area:
232sqm*
* Warehouse:
182 sqm*
* Mezzanine:
50 sqm*
* Leased until 1st July 2025 with 1 x 1-year option
* Current rent is $31,827.00 p/a + outgoings and GST
For further information please contact our office.
* All prices exclude GST and Outgoings unless otherwise stated and all sizes are approximate.
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 1,631 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:
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