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5/311 Boundary Road,
Mordialloc, VIC 3195
Warehouse, Factory & Industrial
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CVA Property Consultants - Melbourne
18-20 Russell StreetMELBOURNE, VIC 3000
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5/311 Boundary Road
Mordialloc, VIC 3195
Map of 5/311 Boundary Road
FOOD WHOLESALE INVESTMENT WITH MODEST PRICE
POINT OF INTEREST:
Occupied since 2017, this established food wholesaler/producer has just renewed their 3-year option commencing in October 2023, with an additional 3 year option available, bringing in an annual rental income of $48,000 plus outgoings. They swiftly put pen-to-paper when factoring in the floorplan and quality fit out, made up of 300 sqm* of generous warehousing within a suburb only booming in Bayside popularity. A roller door makes deliveries a breeze, and so does the 4 car spaces on Title, with an additional 14 on-site for any visitors. This local investor is likely already aware, but the location isn’t anything short of brilliant. You’re 800 m* from the Mordialloc Freeway, 3.1 km* from the Dingley Bypass, and 2.4 km* to the Nepean. What’s more, there’s a BP service station only a few metres away, the Costco is just down the road, and you’re 2.5 km* from the Frankston line. A foundation of commercial value for portfolios ready to get to the next level.
- Leased to food production tenant from October 2017.
- Recently renewed 3 year lease from October 2023.
- Further option of 3 years.
- $48,000 per annum + outgoings.
- 300 sqm* total building area.
- Industrial 1 zoning.
- 4 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:
An asset with enviable leasing terms, proportions, and postcodes seldom appear in six-figures. And with strong returns guaranteed for any portfolio, this campaign may be the quickest launch of the year. Go figure.
*Approx.
Pricing excludes GST
Occupied since 2017, this established food wholesaler/producer has just renewed their 3-year option commencing in October 2023, with an additional 3 year option available, bringing in an annual rental income of $48,000 plus outgoings. They swiftly put pen-to-paper when factoring in the floorplan and quality fit out, made up of 300 sqm* of generous warehousing within a suburb only booming in Bayside popularity. A roller door makes deliveries a breeze, and so does the 4 car spaces on Title, with an additional 14 on-site for any visitors. This local investor is likely already aware, but the location isn’t anything short of brilliant. You’re 800 m* from the Mordialloc Freeway, 3.1 km* from the Dingley Bypass, and 2.4 km* to the Nepean. What’s more, there’s a BP service station only a few metres away, the Costco is just down the road, and you’re 2.5 km* from the Frankston line. A foundation of commercial value for portfolios ready to get to the next level.
- Leased to food production tenant from October 2017.
- Recently renewed 3 year lease from October 2023.
- Further option of 3 years.
- $48,000 per annum + outgoings.
- 300 sqm* total building area.
- Industrial 1 zoning.
- 4 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:
An asset with enviable leasing terms, proportions, and postcodes seldom appear in six-figures. And with strong returns guaranteed for any portfolio, this campaign may be the quickest launch of the year. Go figure.
*Approx.
Pricing excludes GST
Property ID: 504390492Last Updated: 11 Jan 2024
CVA Property Consultants - Melbourne18-20 Russell Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Tsimos Commercial - Cheltenham1174 Nepean Highway
CHELTENHAM, VIC 3192
CHELTENHAM, VIC 3192
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