SOLD
Sold on 05 Mar 2024 for $8,203,000

316 Governor Road
Braeside VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: 45
Floor area: 2921m2
Land area: 4620m2
Sold By
CVA PROPERTY CONSULTANTS - MELBOURNE
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Property Details for 316 Governor Rd, Braeside

Building Type
Commercial
Floor Size
2921m2
Land Size
4620m2
Local Government
Kingston
Lot/Plan
2/PS438253

Last Listing description (June 2017)

Often sought and hardly ever found, this perfect example of an extremely well presented warehouse has it all. Located on Governor Road, the main arterial between the bayside area and Keysborough/Dandenong areas, the property s convenient location is under 7km* to East Link, 5km* from the Peninsula Link and surrounded by major arterials Boundary Road, Lower Dandenong Road and Nepean Highway.
Features include:
- Ground and 1st floor showroom/office: 767m2*

- Showroom/offices can be separated into 4 areas all with individual male/female amenities and kitchen
- Total warehouse area: 2,154m2*
- 4 Container Height Roller Doors (One at front, 3 on eastern side of building)
- Canopy over the 3 roller doors on the Eastern side of the building of 320m2*
- Supreme internal height of 9.3 metres*
- Total land area: 4,620m2*
- Ample hardstand on Eastern Side of property
- 45 car spaces
- High level security system
- Security fencing with electronic gate and landscaped gardens
- Plus income from the Telstra Antenna of $20,158.75 + GST on a 5 + 5 + 5 year lease commencing 6th July 2014 with 3% annual increases every year and no market reviews.
- Potential fully leased income of $270,000* per annum net (incl. Telstra Lease)
For more information please do not hesitate to contact CVA Property.
*approx

Property History for 316 Governor Rd, Braeside, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$8,203,000
05 Mar 2024
Listed for Rent
$575/w
20 Oct 2011
  • 05 Mar 2024
    Sold for $8,203,000
  • 07 Jun 2016
    Listed for Sale Not Disclosed
  • 19 Sep 2014
    Listed for Sale CONTACT AGENT
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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 1,641 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.

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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.