December 20, 2018

The Last Slice of the Pie

SOLD
100 & 104 Colemans Road, Dandenong South

With vacant land becoming rarer in Dandenong South and the rest of Melbourne’s south east region, prices have remained high for serviced development sites.  This has been shown with the recent sale via an EOI campaign of 100 and 104 Colemans Road, Dandenong South.

At approximately 16,185sqm, the Industrial 1 zoned property was sold for $5.95 million to a local developer.  This represents a sale price of around $367psm.  The site benefited...

FULL ARTICLE

November 29, 2018

QUALITY INDUSTRIAL FACILITY

SOLD
3B/97-107 Canterbury Road, Kilsyth

The Victorian economy has grown at a faster rate than the Australian economy over the past few years.  From 2015-16 through 2017-18, Victoria’s state gross product increased at an average of 3.7% each year, much greater than Australia’s GDP growth of 2.6% per annum over the same years.

Some of this strong growth has been due to the continued investment in Victoria’s infrastructure and transport projects.  This investment has flowed through into other parts of...

FULL ARTICLE

November 28, 2018

STRENGTH IN LAND SALES

SOLD
151 Colemans Road, Dandenong South

Demand for quality serviced industrial land in Melbourne’s south east remains strong, as shown with the recent sale of 151 Colemans Road.  On the corner of Taylors Road, and zoned Industrial 1, the 8,883sqm site sold for $400psm at more than $3.55 million.  Renato Daniele, Rory De Polo and Vincent Daniele of Nichols Crowder marketed and sold the property via an expression of interest campaign.

For further details contact: Renato Daniele 0414...

FULL ARTICLE

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...

FULL ARTICLE

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,...

FULL ARTICLE

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...

FULL ARTICLE

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...

FULL ARTICLE

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...

FULL ARTICLE

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...

FULL ARTICLE

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...

FULL ARTICLE

112 news found - Page 1 of 12