The Opportunity:
With industrial/logistics properties now the star performer in the commercial sector, GrayJohnson is pleased to offer for sale this studio/warehouse in an established industrial precinct.

Currently vacant, this property offers excellent potential for growth in terms of both rental and land values, making it a smart acquisition for an investor or owner/occupier.

Key features of the property include:
• Studio/warehouse of 200 sqm*
• Showroom potential^ with clear span interior
• Well-maintained boutique estate in corner position
• Roller shutter door
• Off street apron car parking for 3 cars
• Close to major arterials and Mordialloc’s specialty retail zone
• Incredible position opposite Doug Denyer Reserve (Circa 8 hectares* of parkland & sporting facilities)
• Suits a gymnasium or Fitness operator^ being opposite parklands
• Separate male and female bathroom facilities
• To be sold with vacant possession
• Zoned Industrial 1

The Location:
Mordialloc is a beachside suburb in Melbourne, Victoria, Australia, 24 km* south-east of the central business district.

The property at 48 Crown Avenue is part of a small, well-maintained industrial estate in a corner position on Crown Avenue & Lamana Road.

It is ideally located within Mordialloc’s vibrant pocket of Commercial & Industrial precinct and is only a 10 minute* walk to Mordialloc train station. The station is found within Mordialloc’s specialty retail zone, with a plethora of restaurants, cafés, supermarkets & entertainment venues.

The Bridge Hotel along Mordialloc’s famous marina is also a 12 minute walk* away. Also within proximity are major arterials including the Nepean Highway and Eastlink, which allow seamless connection to the CBD, Mornington Peninsula and the eastern suburbs.

Auction Thursday 10 November @ 12 noon

*approx
^STPA