1/309 Boundary RoadMordialloc VIC 3195
Property Details for 1/309 Boundary Rd, Mordialloc
Last Listing description (October 2023)
POINT OF INTEREST:
Local takeaway institution with satisfying leasing terms. This popular destination is locked into a 5 + 5-year lease beginning in July 2022, with annual leasing income of $60,432 plus GST. Comprising 340 sqm* of total building area, purposefully fitted as a modern takeaway food space with warehousing at the rear (including roller door access) and 5 car spaces included on Title, plus 14 visitor car spaces on-site. With frontage and exposure to Boundary Road, safeguarding any food retail or future industrial use, plus the potential of operating under two tenancies.
- Current leasing agreement: 5 + 5 years beginning in July 2022.
- $60,432 + GST in leasing income.
- Annual CPI increases.
- 340 sqm* total building area.
- Industrial 1 zoning.
- 5 car spaces on title, plus an additional 14 on-site.
- 800 m* to the Mordialloc Freeway.
- 3.1 km* to the Dingley Bypass.
- 2.4 km* to the Nepean Highway.
POINT OF VIEW:
The property is very well located to take advantage of the thousands* of cars passing every day.
*Approx.
Pricing excludes GST
Property History for 1/309 Boundary Rd, Mordialloc, VIC 3195
- 07 Oct 2023Sold for $990,000
- 09 Aug 2023Listed for Sale $990,000 - $1,050,000
- 27 Sep 2007Listed for Rent $31,500 / year
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About Mordialloc 3195
The size of Mordialloc is approximately 4.4 square kilometres. It has 18 parks covering nearly 24.6% of total area. The population of Mordialloc in 2011 was 7,536 people. By 2016 the population was 8,160 showing a population growth of 8.3% in the area during that time. The predominant age group in Mordialloc is 40-49 years. Households in Mordialloc are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mordialloc work in a professional occupation. In 2011, 67.7% of the homes in Mordialloc were owner-occupied compared with 66.2% in 2016.
Mordialloc has 5,501 properties.
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