246 Boundary Road, Braeside, VIC 3195

Showrooms | Development/Land | Retail

Leased $2,150,000

  • Property ID: 277718
  • Floor Area: 374m²
  • Land Area: 1505m²
  • NBN Availability: Build Commenced
  • Cafes: 20+ nearby
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Leased 09/11/2018 374m2 1505m2 $2,105,000
Prime Corner Position With Drive Through Facilities! Occupy, Value Add Or Develop!

This outstanding property offers an opportunity for the owner occupier, investor/developer wishing to "value add or redevelop". Refurbishment proposals invited to suit individual occupiers.

Existing improvements comprise a purpose built drive through banking facility, incorporating ground level retail/office accommodation and first floor offices/amenities. Perfect for a range of uses including retail, showroom, office, medical, childcare, place of assembly.

Ideally positioned on Boundary Road within Braeside's commercial precinct and surrounded by national tenants such as Total Tools, Westpac, Autobarn, Coles Express, Middy's, Petstock and more, this property benefits from a main road location which provides exposure to over 33,000 passing cars daily. (VicRoads Data 2017). The property is also next door to Braeside and Dingley Village's premier cafe / restaurant "Meat, Flour, Wine Restaurant & Bar".

Situated 26km* south-east of Melbourne's CBD and within close proximity to major roads including Nepean Highway, Lower Dandenong Road, Springvale Road, Eastlink, proposed $375M Dingley Bypass. Amenities surrounding the area comprise Moorabbin DFO, Moorabbin Airport and well known Golf Courses; Capital, Woodlands and Southern Golf Clubs.

Property features include:

- Building area: 374m2* over two levels
- Huge land area of 1,505m2*
- 28 on site car spaces
- Open plan ground floor office / showroom area
- Staff amenities including kitchen area and staff room
- CCTV security cameras
- Drive through potential with dual access
- Short term holding income should the purchaser require it, or immediate occupation by negotiation for sale or lease.
- ATM onsite leased to ANZ (by negotiation)

*Approx

Additional Information
Features
  • Availability: Immediate
  • Zoning: Industrial 1 (IN1Z)
  • Suitable Development: Offices, showroom, warehouse .
  • Permits Issued: None
  • Lease Term: Negotiable
  • Rent Review: Annually
  • Car Spaces: 28 carspaces onsite
  • Condition: Good
  • Air Conditioning: Yes & heating
  • Roller Doors: N/A
  • Floors: Carpet
  • Lifts: N/A
  • Car Parking Fees: Nil.
Outgoings
  • Water Rates: $1,393.21
  • Land Tax: $2,300.00
  • Council Rates: $3,563.59
  • Owners Corp. / Insurance: Government Fire Levy $1,819.40
  • Other Charges: Total Outgoings: $9,076.20
Braeside Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $2963 $279 9.41%
Industrial $3025 $125 4.14%
Retail $3172 --- ---
This is the average advertised price, rent and yield for Braeside, VIC 3195*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Cafes - Number of cafes located within 500 metres of 246 Boundary Road, Braeside, VIC 3195. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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