Parkside Warehouse in Prime Position

48, Crown Avenue, MORDIALLOC, VIC, 3195

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200 m2

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Overview

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

Key Details

Status

Sold

Type

Industrial/Warehouse

Building area

200

Contact

Rory White

Associate Director (melbourne)

rwhite@grayjohnson.com.au

0439 655 504

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Di & David Haggett

Communication throughout was first class. They helped us understand the market, our options and fought hard to get us a great price. We would highly recommend GrayJohnson if you’re looking for a commercial property partner.

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To date, they have achieved just shy of $20 million in sales, for 27 properties and have just been appointed to sell another. We wouldn’t hesitate to recommend Matt, Rory and their team at Gray Johnson to sell your commercial property.

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EPA Group Accountants

Matt was exceptional. He helped me understand the commercial market challenges, seller expectations and intricate purchasing processes at auction to secure the purchase. Promptness and clear communications were some amazing visible qualities.

Tony Licciardi

Safetynet Investments

Thoroughly professional, they keep you informed through out the leasing process, they will do the hard yards to secure a tenant that will suit your premises. I cannot highly recommend GrayJohnson any more for they work hard to achieve the best outcome for their clients.

Edward McDermott

DCM Lawyers

GrayJohnson were able to find us our new offices quickly and diligently. They continue to be professional and reliable in the management of our tenancy and are always available to assist with any matter if required.

Matt Marshall

Smart Freight

Rory White helped us sell our offices in Richmond. He was professional, accessible and passionate about getting a good result (which he did). I would definitely use again.

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I loved the fact that they had my back, negotiated hard and kept me up to speed through the whole process. The fact is they know what they're talking about, they have the insights and I benefited from that.

Sonya Miller

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We would like to put on record our genuine appreciation and commendation for the services provided by the GrayJohnson sales team. The final negotiations were handled with the utmost professionalism and skill.

Matt Power

Balance Property Partners

GrayJohnson achieved two property sales in difficult markets with limited buyers and a difficult finance/banking environment. In both cases, Matt, Rory and the team at GrayJohnson worked hard to ensure a result for both vendors.