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Unit 6 & 7, 13 Downard Street, Braeside, VIC, 3195

2. Property Highlights

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

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3. Property Location

Unit 6 & 7, 13 Downard Street, Braeside, VIC, 3195

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4. Due Diligence

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Unit 6 & 7, 13 Downard Street, Braeside, VIC, 3195 Braeside
Gross Waddell ICR
Gross Waddell ICR
Level 1, 30 Collins Street Melbourne VIC 3000
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