SOLD
Sold on 08 Apr 2024 for $1,399,000

25 Boundary Road
Mordialloc VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: 8
Land area: 696m2
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Property Details for 25 Boundary Rd, Mordialloc

Building Type
Commercial
Land Size
696m2
Local Government
Kingston
Lot/Plan
2/PS309911

Last Listing description (November 2023)

Nichols Crowder is thrilled to present to the market for sale, this remarkable property at 25 Boundary Road, Mordialloc.

This immaculate 500sqm* warehouse boasts an impressive street presence and an exceptional opportunity for signage, in a highly sought-after location near the intersection of Governor Road and Boundary Road.

Inside, the clear span warehouse offers an abundance of natural light and is flawlessly presented.

Located just moments from the Mordialloc Freeway and Main Street Mordialloc, this property stands out in a tightly held and competitive industrial market, making it an invaluable find.

Key features include:

* Impeccably presented 500sqm* building
* Prime Mordialloc location
* Total land area: 696sqm*
* Eight (8) car spaces on site
* Fantastic signage opportunities
* Being sold with vacant possession

WAREHOUSE
* Warehouse area: 415sqm*
* Great natural light & LED lighting
* Roof & insulation in excellent condition
* Freshly painted flooring
* Three (3) phase power
* Impressive kitchen & lunchroom
* Storeroom/additional office space
* Max internal height 4.8m*
* Male/female amenities & shower
* Container height RSD

OFFICE/RECEPTION
* Front area including amenities: 85sqm*
* Inviting & well-presented
* Ducted evaporative cooling
* Alarm system

For further details or to arrange an inspection please contact:

Andrew Pannam 0433 518 555

PLEASE NOTE:

* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorized use is strictly prohibited.

Property History for 25 Boundary Rd, Mordialloc, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$1,399,000
08 Apr 2024
  • 08 Apr 2024
    Sold for $1,399,000
  • 27 Oct 2023
    Listed for Sale Contact Agent
  • 20 Feb 2014
    Sold for $781,000
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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.
There are currently 18 properties listed for sale, and 11 properties listed for rent in Mordialloc on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Mordialloc.

Suburb Insights for Mordialloc 3195

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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.