December 07, 2017

Ultimate Land & Warehouse Package

7 - 13 Bond Street, Mordialloc

An older-style brick warehouse on large land at 7-13 Bond Street, Mordialloc has sold under the hammer at auction for $1.55 million.  Marketed conjunctionally by James Glen of Nichols Crowder, and David Garfield of Nixon Industrial, the 692sqm warehouse sits on approximately 3,260sqm of Industrial 1 zoned land.  This includes an 863sqm drainage easement on title, plus a 70 metre frontage

Few warehouses become available in this tightly-held industrial precinct, with this one only offered to the market for the first time in over 50 years.  With great local amenities and easy access to several major arterial roads, demand in the area remains strong.  Furthermore, this property provides several options to the new owner, including lease extensions and potential for further development.