SOLD
Sold on 19 Jul 2024 for $11,000,000

178-184 Boundary Road
Braeside VIC 3195

Bedrooms: 1
Bathrooms: -
Car spaces: -
Floor area: 6400m2
Land area: 12141m2
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Property Details for 178-184 Boundary Rd, Braeside

Building Type
Commercial
Floor Size
6400m2
Land Size
12141m2
Local Government
Kingston
Lot/Plan
CP153941

Last Listing description (November 2023)

JLL is excited to exclusively offer for sale, 178-184 Boundary Road, Braeside.

This property is prominently located in the heart of Braeside's industrial precinct, boasting significant exposure onto Boundary Road and in proximity to other major arterial roads: Mordialloc Bypass (1.8m*), Nepean Hwy (2km*) & Lower Dandenong Road (1.15km*).


Property Highlights:
+ Ground floor showroom / office area: 1,180sqm*
+ First floor office / load bearing mezzanine floor: 807sqm*
+ Functional warehousing area incl. workshop: 4,414sqm*
+ Total building area: 6401sqm*
+ Total site area: 12,140sqm*
+ High power supply
+ 2 recessed loading docks & 3 on-grade roller shutter doors
+ Rear loading canopy
+ Large concrete hardstand apron providing excellent truck access and container movements.
+ Abundance of on-site carparking
+ Prominent exposure onto Boundary Road
+ Prime corner site with future development upside

For further information or to arrange an inspection, please contact JLL's, Lachlan, Jack and Ben. All inspections must be booked in advance.
*Approx.

Property History for 178-184 Boundary Rd, Braeside, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$11,000,000
19 Jul 2024
  • 19 Jul 2024
    Sold for $11,000,000
  • 02 Nov 2023
    Listed for Sale Contact Agent
  • 15 Dec 2009
    Sold for $4,510,000
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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 1,649 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.
There are currently 5 properties listed for sale, and 7 properties listed for rent in Braeside on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Braeside.

Suburb Insights for Braeside 3195

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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.