SOLD
Sold on 18 Dec 2023 for $3,740,000

30 Brasser Avenue
Dromana VIC 3936

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3528m2
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Property Details for 30 Brasser Ave, Dromana

Building Type
Commercial
Land Size
3528m2
Local Government
Mornington Peninsula
Lot/Plan
19/LP96946

Last Listing description (November 2023)

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 29TH NOVEMBER AT 2PM

Nichols Crowder is proud to offer to the market a truly remarkable property in the heart of the Dromana Industrial Estate.

A landmark industrial landholding of over 3,500sqm* along the famed Brasser Avenue Boulevard, proliferated with wineries, breweries, distilleries and high-profile industrial businesses.

The property is being sold under instructions from Jirsch Sutherland Insolvency Solutions via public Expressions of Interest process closing 29th November at 2pm.

An existing wine production facility, 30 Brasser Avenue offers an incredible opportunity for owner occupiers, developers and potential investors to capitalise on the unique improvements together with the irreplaceable landholding within one of the Mornington Peninsula's most tightly held industrial estates.

Key features include:

* Landmark site in Dromana Industrial Estate
* Landholding of 3,528sqm* zoned Industrial 3
* Total building area: 847sqm* plus hardstand of 2,046sqm*
* High clearance warehouse up to 7.4m* in height with external canopy to hardstand area
* Double sliding doors offer direct access into the warehouse with additional side high speed roller door
* Recessed fluro lighting, 3 phase power and waste treatment system
* Single level office, on-site laboratory and staff amenity
* Improvements offer only 25% site coverage with huge upside to add further value (STCA)
* Additional opportunity to purchase wine stock, silos, vats and production plant and equipment**

Terms of Sale:
10% deposit upon lodgement of EOI and balance 60/90 days

For further information or to arrange and inspection, please contact the listing agents.

PLEASE NOTE:

Runners or adequate non-slip footwear is to be worn at times of inspection, as this is a working wine production facility.

* All information and measurements are approximate. Please refer to Contract of sale and/or lease documentation. All images subject to copyright. Unauthorised use is strictly prohibited.

** Plant and equipment to be purchased in addition to land and fixed improvements

Property History for 30 Brasser Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$3,740,000
18 Dec 2023
  • 18 Dec 2023
    Sold for $3,740,000
  • 30 Oct 2023
    Listed for Sale Contact Agent
  • 06 Mar 2012
    Sold for $450,000
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About Dromana 3936

The size of Dromana is approximately 30.6 square kilometres. It has 19 parks covering nearly 7.2% of total area. The population of Dromana in 2011 was 5,125 people. By 2016 the population was 5,802 showing a population growth of 13.2% in the area during that time. The predominant age group in Dromana is 60-69 years. Households in Dromana are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dromana work in a trades occupation. In 2011, 68.2% of the homes in Dromana were owner-occupied compared with 67.9% in 2016.

Dromana has 5,886 properties. Over the last 5 years, Houses in Dromana have seen a 40.08% increase in median value, while Units have seen a 20.52% increase. As at 31 October 2024:

  • The median value for Houses in Dromana is $975,997 while the median value for Units is $770,258.
  • Houses have a median rent of $600 while Units have a median rent of $565.
There are currently 42 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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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.