316 Governor RoadBraeside VIC 3195
Property Details for 316 Governor Rd, Braeside
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*
- 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
- 05 Mar 2024Sold for $8,203,000
- 07 Jun 2016Listed for Sale Not Disclosed
- 19 Sep 2014Listed for Sale CONTACT AGENT
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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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