SOLD
Sold on 02 Aug 2024 for $490,000

29/28-36 Japaddy Street
Mordialloc VIC 3195

Bedrooms: 1
Bathrooms: -
Car spaces: 3
Land area: 97m2
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Property Details for 29/28-36 Japaddy St, Mordialloc

Building Type
Commercial
Land Size
97m2
Local Government
Kingston
Lot/Plan
29/PS831058

Last Listing description (September 2023)

Fabulous as new office / showroom / warehouse with a 50/50 mix of office & warehouse.
The property is in a sought after location on between Boundary Rd and Lower Dandenong Rd Mordialloc.
This excellent office / warehouse with direct access from Japaddy Street is tenanted on a 2 + 2 year lease starting 1/12/2022.

The current rent is $20,000pa + GST + outgoings with annual CPI rent increases.

Building size 117sqm*
4.2m + ceiling height
Ground Floor Area 58.5sqm*
First Floor Fully Fitted & Air-Conditioned Office 58.5 sqm*
Auto roller door with 5m* clearance
Led Lighting
NBN
Amenities including a shower
3 Car parks
CCTV
Alarm
Security gate
Boat & Car wash onsite

All Inquiries contact John Black 0419341986

*Approx

Property History for 29/28-36 Japaddy St, Mordialloc, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$490,000
02 Aug 2024
  • 02 Aug 2024
    Sold for $490,000
  • 28 Sep 2023
    Listed for Sale Contact Agent
  • 08 Aug 2022
    Listed for Rent - Price not available
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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 5,554 properties. Over the last 5 years, Houses in Mordialloc have seen a 10.78% increase in median value, while Units have seen a 11.08% increase. As at 30 November 2024:

  • The median value for Houses in Mordialloc is $1,294,925 while the median value for Units is $716,657.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Mordialloc on OnTheHouse. According to CoreLogic's data, 230 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.