Unit 6 & 7, 13 Downard Street,
Braeside, VIC 3195
Warehouse, Factory & Industrial • Showrooms & Large Format Retail
Key property information
Floor area
Tenure type
Sold on
Mindacom Real Estate
P.O. Box 63GARFIELD, VIC 3814
Unit 6 & 7, 13 Downard Street
Braeside, VIC 3195
Map of Unit 6 & 7, 13 Downard Street
MODERN AND FUNCTIONAL WAREHOUSE IN TIGHTLY HELD INDUSTRIAL PRECINCT
- Upcoming lease expirations
- Potential owner occupation or investment
SOLD
Gross Waddell ICR and Mindacom Real Estate are pleased to present for sale Unit 6, 13 Downard Street, Braeside. This functional warehouse boast short-term holding income with the ability to occupy mid to late 2024.
The warehouse offers significant flexibility for potential owner occupiers to move in late 2024 or for savvy investors to release on a new long term lease.
• Modern and well-maintained warehouse consisting of 1,244 sqm* of building area including 122 sqm* of office
• Substantial 1,804 sqm* landholding with 14 on-site car parks
• Leased to October 1 2024 with no further options
• Short-term holding income of $122,925.51* net per annum (as at 1st Oct 2023)
• Long standing tenant to a global lighting manufacturer- WE-EF
Residing within the favourable Industrial 1 Zoning (IN1Z) allowing a range of uses and provides high clearance roller doors with intelligent designs.
This precinct of Braeside is a strategic infill industrial precinct and is perfectly positioned in close proximity to Moorabbin Airport, DFO Moorabbin, Decathlon, Costco the lifestyle precincts of Mordialloc and Parkdale. With direct access to the newly built Mordialloc Freeway, the location provides ideal connectivity to additional major arterials including Lower Dandenong Road (691 m*), Boundary Road (340 m*), Mordialloc Freeway (400 m*), Springvale Road (2.9 km*) and Westall Road Extension (3.2 km*).
Offered to the market via Private Sale
Gross Waddell ICR and Mindacom Real Estate are pleased to present for sale Unit 6, 13 Downard Street, Braeside. This functional warehouse boast short-term holding income with the ability to occupy mid to late 2024.
The warehouse offers significant flexibility for potential owner occupiers to move in late 2024 or for savvy investors to release on a new long term lease.
• Modern and well-maintained warehouse consisting of 1,244 sqm* of building area including 122 sqm* of office
• Substantial 1,804 sqm* landholding with 14 on-site car parks
• Leased to October 1 2024 with no further options
• Short-term holding income of $122,925.51* net per annum (as at 1st Oct 2023)
• Long standing tenant to a global lighting manufacturer- WE-EF
Residing within the favourable Industrial 1 Zoning (IN1Z) allowing a range of uses and provides high clearance roller doors with intelligent designs.
This precinct of Braeside is a strategic infill industrial precinct and is perfectly positioned in close proximity to Moorabbin Airport, DFO Moorabbin, Decathlon, Costco the lifestyle precincts of Mordialloc and Parkdale. With direct access to the newly built Mordialloc Freeway, the location provides ideal connectivity to additional major arterials including Lower Dandenong Road (691 m*), Boundary Road (340 m*), Mordialloc Freeway (400 m*), Springvale Road (2.9 km*) and Westall Road Extension (3.2 km*).
Offered to the market via Private Sale
Braeside, 3195 demographic data
The median household income for Braeside is $982, 48% lower than Greater Melbourne's household income of $1,901. Braeside has an older age profile compared to the rest of Greater Melbourne (median age 58 vs 37). Property ownership data shows 25% of property owners in Braeside have a mortgage.
25
Population
$982 per week
Median household income
58 years
Median age
Owners
Most residents
Singles
Most households
Mindacom Real EstateP.O. Box 63
GARFIELD, VIC 3814
GARFIELD, VIC 3814
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
More properties from Mindacom Real Estate
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Units 1, 8 & 9, 13 Downard Street,Braeside, VIC 3195 16520 m²Warehouse, Factory & Industrial • Showrooms & Large Format Retail