Market Updates

August 15, 2017

Jewel on James Street

Nixon Industrial is proud to offer to the market 24 James Street, Clayton South via a deadline private sale closing Wednesday 16th August at 3:00pm.  This quality office and warehouse property of 410sqm on land of 589sqm in a prime, sought-after location is suitable for a range of uses (STCA).

“Zoned Industrial 1, the large open warehouse with 3 phase power and a roller shutter door offers flexibility in a great location,” says David Garfield, Sales and Leasing Executive.  “It also...

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August 15, 2017

PROFILE PLUS

FOR SALE
Unit 14, 38 Christensen Street, Moorabbin

Nixon Industrial is pleased to offer to the market Unit 14, 38 Christensen Street, Moorabbin via a deadline private sale closing Wednesday 9th August at 3:00pm.  This quality office and warehouse property of 155sqm in the heart of Moorabbin’s popular industrial precinct has great street appeal and easy driveway access.

“The large, upstairs light-filled office with heating and cooling has a nice outlook, while the welcoming reception downstairs is sure to impress visitors,” explains...

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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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June 09, 2017

High Profile Land on Dingley Bypass

FOR SALE by Expressions of Interest closing Wednesday 28th June 2017 at 3pm
236 - 242 Clarinda Road, Heatherton

 

Nixon Industrial is proud to offer to the market via an Expression Of Interest campaign a 3.34 hectare site at 236-242 Clarinda Road in Heatherton.  Zoned Green Wedge A, the property currently has several sheds and office areas, as well as a weatherboard house.  These ad hoc buildings total around 1,000sqm.

The site is potentially suitable for a variety of usages (STCA),...

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May 24, 2017

DRIVE AROUND INDUSTRIAL FACILITY

FOR SALE BY EXPRESSIONS OF INTEREST
Closing Wednesday 14 June at 3pm

3B/97-107 Canterbury Road, Kilsyth

Nixon Industrial is proud to offer 3B/97-107 Canterbury Road, Kilsyth to the market via an Expression of Interest campaign closing Wednesday, June 14 at 3:00pm.  Set on land of 8,363sqm, the modern 4,588sqm building comprises a large, high-clearance warehouse (around 4,000sqm) and two-story office with staff facilities and reception area.  The property is zoned Industrial 1.

The building has several roller door access points and two...

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May 24, 2017

DELICIOUS INVESTMENT

FOR SALE BY EXPRESSIONS OF INTEREST
Closing Thursday, 15th June at 5pm

1/16 Garden Boulevard, Dingley Village

Being offered to the market for the first time in almost 30 years is this fantastic investment property at 1/16 Garden Boulevard, Dingley Village.  Leased to Redwood Gardens Chinese Restaurant since 1994, this large, well-presented, single level restaurant with an outdoor seating area overlooking the Redwood Gardens lake is a local institution.

Zoned Industrial 1, the building of 218sqm is on land of...

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May 19, 2017

FIRST CLASS RESULT

SOLD $1,322,000
40-42 Isabella St, Moorabbin

Strong interest was shown in a warehouse with updated kitchen and office facilities at 40-42 Isabella Street, Moorabbin in the lead up to its recent auction.  On the day, around 35 people witnessed intense bidding by three parties, all of which were potential owner occupiers.  With a combined 40 bids, the price was pushed up from the opening bid of $1 million to over $1.32 million, or around $2,200psm.

“This pricing per square metre...

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May 10, 2017

Fully Refurbished Dance Studio

SOLD $925,000
3 Shearson Crescent, Mentone

A large, clear span warehouse that has been refurbished into a dance studio at 3 Shearson Crescent, Mentone has sold via private sale for $925,000.  In addition to two large dance areas and reception, the property contains a renovated kitchen, bathroom facilities, and waiting lounge. 

Located near the intersection of Centre Dandenong Road and Grange Road, the building of approximately 550sqm is set on a block of 1,200sqm.  The property also includes extensive off-street...

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April 07, 2017

A Great Find

16 Alex Ave, Moorabbin
SOLD
$945,000

A rare warehouse with an office and showroom at 16 Alex Avenue, Moorabbin sold at auction in April for $945,000 to an investor.  This was around $200,000 above the reserve price.  In front of around 70 viewers on a bright and sunny day, the property in original condition saw 15 bids from five prospective buyers. 

The building of around 450sqm is set on land of approximately 596sqm.  In addition...

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March 02, 2017

KEYS CORNER SOLD

131 Keys Road, Moorabbin

SOLD $2,700,000

David Garfield of Nixon Industrial has negotiated the sale of a large office / showroom / warehouse at 131 Keys Road Moorabbin.  The property, which is located on the prime corner of Kilpa Road, was sold for $2,700,000 to an owner occupier.  With a building area of approximately 1,788sqm, this represents a price of $1,510 per square metre.  The property was sold with vacant possession.

Garfield explains that the property provides several flexible options...

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