Tsimos Commercial is delighted to offer this outstanding Mordialloc Freehold for sale.
A Rare large freehold that offers huge potential to subdivide into multiple units (STCA).
Position, access and future potential are key attributes to purchasing property. This property has it all with the ability to collect rental from two sitting tenants, then occupy or subdivide the rear sections of the building.
This location within the Mordialloc & Braeside industrial precincts is easily accessible from Governor Road and Boundary Road, linking to the Mordialloc Freeway, Peninsula Link and the Dingley & Dandenong Bypasses that allows connectivity to greater Melbourne.
Key property features:
• Total Land area: 8,642 sqm* approx.
• Total Building area: 6,093 sqm** approx.
• One (1) title
• Industrial Zone 1
Unit 1-3 - (Front Tenancy) - Golf Studio
- Securely leased on a 5 year term
- No Further Options
- Currently returning $125,000 pa net + GST
- 1663 sqm
Unit 4 - Victorian Clothing Exporters
- Securely lease on a 2 year term
- Two further terms of 2 years
- Currently returning $50,000 pa + GST
- 550 sqm
Units 5-10 - Balance of building offered with vacant possession
For further information or to arrange an inspection please contact one of the agents below
John Black 0419 341 986
Matt Brown 0418 599 486
Andrew Pannam 0433 518 555