Market Updates

November 23, 2017

Ultimate Land & Warehouse Package

SOLD
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...

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November 15, 2017

SPRINGVALE’S LAST REMAINING MAJOR LAND HOLDING

FOR SALE By Expressions of Interest
closing 3:00pm on Wednesday, November 29, 2017

1626-1638 Centre Road, Springvale


One of Springvale’s last great land holdings is being offered to the market via an EOI campaign closing at 3:00pm on Wednesday, November 29.  Marketed by Nixon Industrial, in conjunction with Colliers International, the 4.28 hectare site at 1626-1638 Centre Road is between Westall Road and Springvale Road, and is zoned Industrial 1.

With permits pending for 36 small and mid-size office warehouses, and...

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November 11, 2017

AUCTION - Main Road Exposure

AUCTION
Thursday, November 30, 2017 at 12 noon, on site

Units 1 & 2 / 238 Governor Road, Braeside

Two office / warehouses at 1 & 2/238 Governor Road, Braeside are to be auctioned separately by Nixon Industrial on-site at 12:00 noon and 12:30pm on Thursday, November 30, respectively.  With the opportunity to purchase one or both, the properties provide substantial flexibility to owner occupiers and investors alike.

To be auctioned first, Unit 1 is approximately 235sqm and comprises a showroom,...

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November 11, 2017

AUCTION - Corner Warehouse

AUCTION
Wednesday, December 6, 2017 at 12noon, on site

68-70 Fairbank Road, Clayton South

A corner warehouse of 775sqm at 68-70 Fairbank Road, Clayton South is to be auctioned by Nixon Industrial on-site on Wednesday, December 6 at 12:00 noon. 

Currently leased to a café on a monthly basis equivalent to $60,000 per annum (plus GST), the property offers options and flexibility to owner occupiers and investors alike.  Zoned Industrial 1, it also includes several off-street car spaces at the front,...

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November 03, 2017

SOLD - TWO FOR ONE

SOLD
49A & B Alex  Ave, Moorabbin

A record price of $2,509psm was achieved for the sale of a pigeon pair of warehouses on one title at 49A & B Alex Avenue.  Selling after auction for $1.335 million, the property was purchased by an owner occupier that intends to lease out the second warehouse. 

“These older-style warehouses with high site coverage are very popular, particularly in this part of Moorabbin.  We’ve seen strong price gains in this sector over the...

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November 01, 2017

AUCTION - ULTIMATE LAND & WAREHOUSE PACKAGE

AUCTION
Thursday, November 23, 2017, at 12noon, on site

7-11 Bond Street, Mordialloc

An impressive land and warehouse property with plenty of options at 7-11 Bond Street, Mordialloc is to be auctioned on Thursday, November 23 at 12:00noon, on site.  Being offered by Nichols Crowder, in conjunction with Nixon Industrial, this property is on the market for the first time in over 50 years.

Set on Industrial 1 zoned land of around 3,260sqm, including an 863sqm drainage easement on title, the...

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October 10, 2017

HOLE IN ONE

AUCTION
Friday, November 3, 2017 at 12noon, on site

Unit 10/1 Graham Road, Clayton South


Nixon Industrial is offering to the market a brand new, high-clearance warehouse with a mezzanine floor at 10/1 Graham Road, Clayton South.  With great views of the adjacent Spring Valley Golf Course, the property is close to Westall Road, the Dingley Bypass, and other key transport routes.  It is to be auctioned on Friday, November 3 at 12noon, on site.

With 3 phase power, a kitchenette...

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October 04, 2017

Capital Advantage

SOLD

16 CAPITAL COURT, BRAESIDE

A large warehouse with office facilities at 16 Capital Court, Braeside has been sold for $1.4 million by David Garfield, Sales and Leasing Executive.  The near new 827sqm building on 1,185sqm features a large warehouse with a container management area, 3 phase power and automatic roller door.  Partitioned offices, a kitchenette and toilet amenities are located on a second storey. 

“At almost $1,700 per sqm, this is a solid result for a large, high quality...

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September 19, 2017

DELICIOUS PURCHASE

A Chinese Restaurant at 1/16 Garden Boulevard, Dingley Village has been sold to the existing tenant for $900,000.  The building of 218sqm was offered for sale for the first time in 30 years, and had been leased to Redwood Gardens Chinese Restaurant since 1994.  The large, single-level restaurant with an outdoor seating area overlooks the local Redwood Gardens lake.

David Garfield, Sales and Leasing Executive, says, “The restaurant is a local institution, and we’re delighted that the tenant has purchased this...

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September 12, 2017

Exceptional Offices, Exceptional Result

10/ 1020 Doncaster Road Doncaster

SOLD

A premium, modern office at Suite 10/1020 Doncaster Road, Doncaster has sold by private sale for $1.175 million through Nikola Drendel, Sales and leasing Executive.  Totalling 221sqm, the property includes five glass-partitioned offices, a large boardroom, reception area, open plan zone, kitchenette, and bathroom facilities.  Additionally, it has basement parking for six cars.

 “This property is in a great location, with easy access to several major transport links such as Doncaster Road, Blackburn...

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