SOLD
Sold on 15 Dec 2023 for $8,052,500

330 Lower Dandenong Road
Mordialloc VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8000m2
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Property Details for 330 Lower Dandenong Rd, Mordialloc

Building Type
Commercial
Land Size
8000m2
Local Government
Kingston
Lot/Plan
2/LP84508

Last Listing description (November 2023)

Gross Waddell ICR is pleased to offer 330 Lower Dandenong Road, Mordialloc for sale via Expressions of Interest closing Wednesday 6th December 2023 at 3pm.

The asset presents an opportunity to acquire a strategically positioned industrial landholding in one of Melbourne's most tightly held industrial precincts.

Offered with short term leases in place this property offers the ultimate opportunity for developers looking to build strata office/warehouses or owner occupiers to use and expand on the current improvement or redevelop to their requirements.

Key features include:
Substantial land area: 8,000sqm*

Building area: 3,055sqm*

High exposure location with over a 59 metre* frontage to Lower Dandenong Road

Two separate tenancies short term leases

Strong holding income

Industrial 1 Zone (IN1Z)

High clearance sheds and gantry cranes throughout

Potential multi-unit development opportunity (STCA)

Surrounded by global and national brands

Occupy, develop (STCA) or invest

For more information or to organise an inspection, please contact Gross Waddell ICR directly.

*Approx.

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Property History for 330 Lower Dandenong Rd, Mordialloc, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$8,052,500
15 Dec 2023
  • 15 Dec 2023
    Sold for $8,052,500
  • 02 Nov 2023
    Listed for Sale Contact Agent
  • 14 Apr 2011
    Sold for $1,680,000
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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 5,501 properties.

    There are currently 13 properties listed for sale, and 7 properties listed for rent in Mordialloc on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Mordialloc.

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