1&2, 11 Urban Street, Braeside, VIC 3195

Industrial | Retail | Offices

Sold $2,500,000

  • Property ID: 395257
  • Floor Area: 1633m²
  • NBN Availability: Service Available - Fibre to the curb (FTTC)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 1633m2 N/A N/A
TENANTED INDUSTRIAL INVESTMENT

Superb Industrial investment site of 1633sqm* well positioned in this prominent Braeside location and Zoned Industrial 1.
The property is currently occupied by Regency Media who will sign a new 3 + 2 year lease at $150,000pa + outgoings on settlement.
The internal fit-out incorporates expansive office and workroom areas mostly on the ground floor with some additional first floor storage.
The warehouse area has a side roller door and is currently approximately 170sqm, with good roof height and access.
The warehouse access is container, truck and dispatch friendly.
The property is in very good condition and will appeal to both investors and future owner occupiers.

All Inquiries Contact John Black 0419341986

*Approx

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*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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™.
  • 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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