12, 22-24 22-24 Bond Street, Mordialloc, VIC 3195

Industrial

Sold

Sold

  • Property ID: 446375
  • Floor Area: 615m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 21/08/2024 615m2 N/A Contact Agent
SECURE AND STRONG INVESTMENT - TAILORED TO TASTE

EXPRESSION OF INTEREST CLOSING 21ST AUGUST 2024 @ 3PM

Customised with a high-quality food-production fit-out to meet the needs of the existing long-term tenant, this significant tilt-slab office-factory is a value-added investment opportunity with a long-term proven tenancy, on-going future options & the prospect of a quick & rewarding turnaround of tenancy well into the future. Situated in a well-tenanted development of modern light-industrial premises, this versatile office-factory offers a value-added fit-out with an excellent mix of quality office space & hard-working manufacturing areas featuring upgraded power, extensive plumbing & cabling, & quality appointments.



- prime office-factory tailored for the current long-term tenant
- value-added food-production infra-structure to appeal today & tomorrow
- committed tenancy providing a strong rental return & on-going options
- totalling 615qm* internal floorspace - including 85sqm* professional office space
- quality office space with a good mix of executive, shared & meeting-room area
- highly customized food production areas including preparation, cool & storage areas
- Bondor-panel ceiling with multiple skylights providing excellent natural light

- roofline wired & plumbed with extensive electrical cables & gas lines

- well-vented with multiple roof exhaust fans

- 8 parking bays on title (6 undercover)

- leased until 01/10/2027 with one further option of 5 years
- currently rental: $65,523 pa plus GST plus outgoings, 4% increase 01/10/2024
- proven light-industrial area bordered by blue-chip commercial & residential precincts
- backing Woodlands Golf Course, adjacent new Chifley Business Park
- neighbouring a fast-developing residential locale
- a minute to Kingston Plaza (DFO) & Costco shopping & petrol
- 1.5 km to Peninsula-link Freeway
- - 40m to the CBD via the M1
- 4 km to Dingley By-pass - - 10 km direct to Dandenong - - 5 km to Mentone station


Benefit from a solid return today, see the value in a quality custom fit-out, retain an excellent on-going tenancy & appreciate the value in a tightly-held commercial locale


*NB All prices exclude GST unless otherwise stated and all sizes are approximate.

Please feel free to contact us to discuss your commercial property needs.
In the fast-paced realm of real estate, speed is crucial. But direction? That's vital. We give you both.

Mordialloc Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3966 $96 2.41%
Industrial $2780 $106 3.80%
Retail $5104 $230 4.52%
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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