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247 Boundary Road Mordialloc, VIC 3195

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247 Boundary Road,
Mordialloc, VIC 3195

Warehouse, Factory & Industrial • Shops & Retail

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Map of 247 Boundary Road

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Secure Industrial Investment with New 4-Year Lease

  • New 4-Year Lease with Options until 2030
  • Commencing Net Rent $87,500 per annum
  • Unbeatable Main Road Exposure
Colliers International are pleased to offer via Private Sale the industrial investment opportunity at 247 Boundary Road, Mordialloc. This high-profile main road office/warehouse is securely leased to Buildkomm Joinery for 4 years with renewal options until 2030.

247 Boundary Road is a stand-alone office/warehouse of approximately 1,250sqm and includes ground floor showroom, mezzanine office and generous clearance warehouse accessed via two roller shutter doors. The property offers unmissable signage rights along the key arterial Boundary Road.

Tenancy Information:
• Lessee: Buildkomm Joinery Pty Ltd
• Term: 4 Years
• Lease Commencement: 1 May 2020
• Renewal Terms: 2 x 3 Year Options
• Net Rent: $87,500 plus GST & Outgoings
• Annual Increases: Fixed 3% with market review at option period

Buildkomm Joinery owned by Buildkomm are a Melbourne based construction company that specialise in commercial and residential developments in Melbourne’s Bayside and Peninsula suburbs. They use 247 Boundary Road for storage of goods, light cabinetry manufacturing and a showroom for their products.

Boundary Road stretches approximately 6km and is a major road link between the Mornington Peninsula and Inner Eastern suburbs. It incorporates a mix of retail and industrial premises and is home to several major occupiers including Tradelink, Westpac, Decathlon and Burson Automotive. It is a key commercial precinct within the Bayside market.

For further information, please contact the appointed agents below.

Mordialloc, 3195 demographic data

The median household income for Mordialloc is $2,037, 7% higher than Greater Melbourne's household income of $1,901. Mordialloc has an older age profile compared to the rest of Greater Melbourne (median age 40 vs 37). Property ownership data shows 59% of property owners in Mordialloc have a mortgage.

8,886
Population
$2,037 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
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247 Boundary Road
Mordialloc, VIC 3195
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