29, 28-36 Japaddy Street, Mordialloc, VIC 3195

Industrial | Offices | Retail

Sold $460,000

  • Property ID: 445105
  • Floor Area: 117m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 19/09/2024 117m2 N/A $490,000
AS NEW OFFICE / WAREHOUSE

OWNER OCCUPIERS TAKE NOTE -
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.
The tenant has decided they will not take up their option so will be vacating at the end of November 2024.

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
Available to Occupy from 1st December 2024 possibly earlier

All Inquiries contact John Black 0419341986


*Approx

Mordialloc Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $4000 $80 2.00%
Industrial $2698 $114 4.22%
Retail $5690 $230 4.05%
This is the average advertised price, rent and yield for Mordialloc, 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:

  • 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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