November 21, 2018

Mornington Peninsula Auction Strength

SOLD
4 Brasser Ave, Dromana & 48 High Street, Hastings

The Nichols Crowder Mornington office has delivered some solid auction results recently, exceeding vendor expectations, and achieving strong pricing despite some uncertainty in the market.

In particular, a 1,235sqm block of land at 4 Brasser Avenue, Dromana sold under the hammer for $595,000, well over the reserve price of $540,000.  Demand for serviced industrial land on the Mornington Peninsula remains strong, as shown by the 60 to 70 attending the...

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November 20, 2018

Your Ideal Destination

SOLD
5 East Concourse, Beaumaris

The tightly-held shopping strips in Bayside continue to be popular with buyers.  Further evidence of this was seen with the recent auction of 5 East Concourse, Beaumaris, which sold under the hammer for $950,000.

Under glorious sunshine and in front of a crowd of around 40 spectators, the 91sqm shop attracted three spirited bidders.  The property was eventually sold to an owner occupier, on an effective yield of 4.73%.

Lachlan Mackenzie, Sales and Leasing Executive,...

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November 15, 2018

BANK YOUR MONEY HERE

FOR SALE BY TENDER
Closing Wednesday, December 5 at 2:00pm

23 - 27 Mornington-Tyabb Road, Mornington

 

A rare corner development site at 23-27 Mornington-Tyabb Road and Virginia Street, Mornington is being offered to the market by Nichols Crowder.  The large property in a prime location is being sold by tender closing on Wednesday, December 5 at 2:00pm.

With a land area of around 2,827sqm, the site has a 56 metre* street frontage to Mornington-Tyabb Road, and a 78 metre* frontage to...

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October 19, 2018

IMPRESSIVE IND2 ZONED WAREHOUSE FACILITY

SOLD
67 - 69 Licola Crescent, Dandenong

A large, high-clearance warehouse with office facilities at 67-69 Licola Crescent, Dandenong South has sold for $3.526 million.  With a building area of 2,532sqm, this represents a sale price of almost $1,400psm, which highlights the shortage of current stock on the market at the moment, and solid demand for these types of properties.

Set on land of 4,009sqm, the property was fully fenced, included ample off-street parking and a...

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September 21, 2018

FOUR MORE MARKETING AWARDS

THE INDUSTRY'S MOST CONSISTENT PERFORMER 

Nichols Crowder has achieved its 13th consecutive year of industry accolades, receiving yet another four Awards at the 2018 Real Estate Institute of Victoria’s Commercial and Industrial Marketing Awards.

Showcasing the best sales and leasing campaigns of the past year, these awards recognise the most effective commercial and industrial property marketing campaigns across a range of categories.  Since 2006, Nichols Crowder has received 34 REIV Marketing Awards. 

“We are extremely proud to have received...

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September 20, 2018

WHAT'S OLD IS NEW AGAIN

SOLD
26 Alex Ave, Moorabbin

Demand for older-style brick warehouses in Melbourne’s South East remains strong, with the recent sale at auction of 26 Alex Avenue continuing this trend. 

Set on land of 1,050sqm, and with a building area of 520sqm, the clear span warehouse with office area benefits from its great access to the Dingley Bypass and Nepean Highway.  The property was marketed by James Glen of Nichols Crowder, generating extensive interest from owner occupiers and investors.

For further details...

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August 28, 2018

Number One On Nepean

FOR SALE / LEASE
1 Nepean Highway, Mentone

Nichols Crowder is proud to offer to the market a large and prominent commercial property opportunity at 1 Nepean Highway, Mentone.  Set in a great location with around 70,000 cars passing daily, the property is being offered both for sale and for lease.

Set on Commercial 1 zoned land of approximately 1,898sqm, 1 Nepean Highway, Mentone provides several options as is, for signage, or for redevelopment (STCA).

“The existing building could continue to...

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August 21, 2018

SHOP & DWELLING WITH UPSIDE

SOLD
219 Tucker Road, McKinnon

An investor has purchased a dual income property with a ground floor retail shop and an upstairs two-bedroom apartment at 219 Tucker Road, McKinnon.  Selling for $860,000, the building of 120sqm is set on land of 187sqm.  As a bonus, it includes a conditional planning permit for a retail shop and four apartments.

“This is a great property offering flexibility and plenty of upside,” says Sally-Anne McQuillan, Sales and Leasing Executive.  “The purchaser indicated that...

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August 20, 2018

Think Big. Now Think Bigger.

FOR SALE BY TENDER
Closing Wednesday, October 10 at 3:00pm

16 - 22 Playne Street, Frankston

Nichols Crowder is pleased to offer to the market a fantastic commercial opportunity at 16 - 22 Playne Street, Frankston.  The prominent, vacant building is being sold by tender, which closes on Wednesday, October 10 at 3:00pm.

Set on 2,100sqm* of land with dual street frontages, the existing building totals 2,979sqm* over two levels, with 52 rooftop car spaces.  Zoned Commercial 1, and with a...

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July 19, 2018

RESERVE YOUR FUTURE

AUCTION
Thursday, August 9 at 12 noon, on site
380 Reserve Road, Cheltenham

Located in the popular and tightly-held Bayside Business District, 380 Reserve Road, Cheltenham is being offered to the market by Nichols Crowder.  To be auctioned on site on Thursday, August 9 at 12:00noon, this unique 2-storey warehouse/workshop property provides plenty of options and opportunity.

Set on land of 557sqm*, the total building area over the two levels is 740sqm*.  With great flexibility, the large ground floor workshop...

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