October 10, 2017

The Ultimate “Six-Pack”

AUCTION
Wednesday, November 1 at 12noon, on site

189-193 Chesterville Road & 24-28 Independence Street, Moorabbin

 A rare opportunity to purchase six adjoining properties on a busy Moorabbin corner has presented itself to the market.  Comprising three adjoining showrooms at 189-193 Chesterville Road, and three separate warehouses at 24-28 Independence Street, this huge corner property with a total street frontage of 88 metres is to be auctioned on Wednesday, November 1 at 12 noon, on site.

All six properties are on...

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October 04, 2017

HIGH FIVE ON HAMPTON

AUCTION
Thursday, October 26, 2017 at 12 noon on site

390-392 Hampton Street, Hampton

Nichols Crowder is proud to offer to the market a rare, double-fronted retail property with first-floor apartments at 390-392 Hampton Street, Hampton.  Set for auction on October 26 at 12noon on site, the property provides substantial upside potential via the apartments and rooftop terrace.

Comprising 2 shops, 2 apartments, and a planning permit for an additional 2-bedroom penthouse on the rooftop, there are current income streams and future opportunities...

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September 15, 2017

WINNER - BEST RETAIL SALES CAMPAIGN

Nichols Crowder took home two awards from last night’s REIV Commercial & Industrial Marketing Awards 2017.

For its Auction of 452 Hampton St Hampton, Nichols Crowder was announced the WINNER of the Best Sales Campaign for a retail site with a marketing budget under $20,000.

According to Matt Nichols, “the retail site category is one of the hotly contested making our win all the more special. It was a great campaign, we took over 100 bids at Auction in front of big...

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September 14, 2017

FABULOUS COMMERCIAL INVESTMENT

FOR SALE
1C Frankston Gardens Drive, Carrum Downs

Nichols Crowder is proud to offer to the market a superb investment property at 1C Frankston Gardens Drive, Carrum Downs.

Comprising a building area of approximately 123sqm, the property has a reception area, several partitioned offices, a large open display area, staff amenities and on-site car parking.  It is leased to Kitome Pty Ltd for $24,204 per annum gross, with a new 3-year lease from July 2017.  Operating...

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August 31, 2017

Iconic Corner

152 - 158 Weatherall Road, Cheltenham

SOLD

An iconic corner property with considerable development potential at 152-158 Weatherall Road, Cheltenham has sold for $1.25 million.  Set on 850sqm, the property currently contains a workshop, and is leased for $37,500 per annum.  Set in a prominent Bayside location, it is close to shops, schools and a train station.

Senior Sales and Leasing Executive, Julian Vautin says there is considerable development opportunity for the property (STCA).  “It may be possible to subdivide...

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August 22, 2017

DOUBLE INVESTMENT DELIGHT

AUCTION
Friday 15th September at 12 noon, on site

13 & 15/ 90 Main Street, Mornington

Nichols Crowder is delighted to offer to the market a pair of well-located shops in an iconic arcade in the heart of Mornington’s busy retail strip.  Situated at 13 & 15/90 Main Street, Mornington, this double investment opportunity totalling 88sqm is to be auctioned on site on Friday the 15th of September at 12 noon. 

The two shops are currently leased to quality tenants for a combined...

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August 18, 2017

OPTIONS GALORE

SOLD

35 Advantage Road, Highett

The Bayside Business District (BBD) continues to thrive, with 35 Advantage Road, Highett selling at auction for $1.625 million.  After 25 bids, the factory and office of 772sqm on 830sqm of land was eventually sold under the hammer to an owner occupier.  Requiring a major transformation, the property attracted keen interest from developers, investors and owner occupiers alike.

Sales and Leasing Executives, Nikola Drendel and James Glen highlighted the uniqueness of the property and...

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August 18, 2017

LUCKY 88

SOLD

745 Centre Road, Bentleigh East

The retail shop at 745 Centre Road, Bentleigh East being leased to well-established and popular Chinese restaurant, King 88 has sold at auction for $1.03 million on a yield of 3.24%.  The building of 110sqm on land of 186sqm was located in the heart of a tightly-held shopping strip.  The auction attracted a crowd of 60 onlookers, with three bidders making over 50 bids before the property was sold under the hammer.

James...

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August 16, 2017

Nichols Crowder’s New Front Line

With a strong commercial and industrial property market along the Mornington Peninsula, the region’s largest and most popular agent, Nichols Crowder, has increased its presence in the area.  This has seen Tanya Scagliarini, Jamie Stuart and Cristy Gatto join Tom Crowder to expand the Nichols Crowder team and meet the growing needs of local vendors, buyers and landlords

Nichols Crowder has been servicing commercial and industrial property markets across the Mornington Peninsula for over a decade.  Now, with an expanded team...

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August 02, 2017

Prime Chelsea Heights land

SOLD

A prime vacant land site of around 3.53 hectares at 107 Wells Road, Chelsea Heights has been sold by private treaty for $8.71 million.  Zoned Industrial 3, the large site has approved permits and plans for 55 warehouses and four showrooms.  It backs onto the Frankston Freeway, providing great exposure for the future development.

The deal was negotiated by James Dodge and Joshua Monks of Nichols Crowder Carrum Downs, in conjunction with David Garfield of Nixon Industrial. ...

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