2/303 Boundary RoadMordialloc VIC 3195
Property Details for 2/303 Boundary Rd, Mordialloc
Last Listing description (September 2022)
Secure the big bright blue building & make your presence felt! Set on the sweep of Boundary Rd, this joint offering of 2 individually-titled premises is more than a high-exposure retail opportunity its a value-adding 2-for-1 deal to enhance any clever business or investment model. Step out of the rental cycle & build business while you build capital. Benefit from a guaranteed additional income. Make your presence felt & enjoy multiple rewards with this value-adding business or investment opportunity.
A rare 2-in-1 opportunity, this joint offering of 2 individually titled properties comprises:
* 385 sqm retail showroom & warehouse offered with vacant possession
- r/c air-cond shopfront, newly painted & upgraded for retail use
-Rare retail permit
- Sunny front office
- Extensive back-of-house including workbench & storage areas.
- 6 car spaces
- Roller shutters to shopfront windows, alarm & CCTV
* 253 sqm warehouse currently leased at $17,000pa on separate title
- Well-presented & fully-tenanted warehouse premises
- 1 dedicated car space beside an auto-door entry.
- Leased until 2024 at $17,00pa plus GST, with a two (2) year option.
- Flagship positions in fully-refurbished group with new roofing, plumbing & electrical work
- High-profile on the sweep of this major roadway
- Almost at the crossroads of Lower Dandenong Rd
- Direct access to the junction of the Mordialloc Fwy & Mornington Peninsula Fwy
- Border of the Braeside commercial & Parkdale residential precincts
- 4kms from Mordiallocs booming beachside shopping village
- Close to Kingston Plaza & Costco shopping
- At the gateway to the south-eastern residential growth corridor.
Take advantage of rare retail permits, move in now and build your business in the high-exposure front premises. Let the rewarding rear tenancy cushion your growth with a solid rental income. Or add a new tenant to the front & let this 2-for-1 opportunity maximise returns.
*All sizes are approximate
*All figures are GST exclusive unless otherwise stated.
This estimate of the net internal area of the premises is indicative only and should not be relied upon and is not a substitute for undertaking precise measurements of the premises.
Property History for 2/303 Boundary Rd, Mordialloc, VIC 3195
- 05 Mar 2024Sold for $560,000
- 17 Feb 2022Listed for Sale Price on Application
- 11 Sep 2017Listed for Rent $26,000 / 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 5,515 properties. Over the last 5 years, Houses in Mordialloc have seen a 15.03% increase in median value, while Units have seen a 13.11% increase. As at 31 October 2024:
- The median value for Houses in Mordialloc is $1,319,900 while the median value for Units is $721,054.
- Houses have a median rent of $670 while Units have a median rent of $550.
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