Market Updates

May 23, 2018

High & Bright

AUCTION
Thursday, June 14 at 12 noon, on site

89 Argus Street, Cheltenham

 

A classic and highly functional brick warehouse with front offices in a highly desirable part of Cheltenham is being offered to the market through Nixon Industrial.  To be auctioned on site on June 14 at 12 noon, 89 Argus Street is sure to appeal to owner occupiers and investors alike.

Set on land of approximately 669sqm, the building of around 474sqm includes a large clear span warehouse with...

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April 20, 2018

A Classic With Upside

FOR PRIVATE SALE

18-20 Wren Road, Moorabbin

A large, classic Moorabbin warehouse with great flexibility is being offered to the market by Nixon Industrial.  Located at 18-20 Wren Road, Moorabbin, the property is being sold either with vacant possession or partially leased.

The 1,500sqm warehouse with reception area, office and staff amenities is set on land of 1,850sqm.  There is potential for the property to be split into two, providing the new owner with the option to lease out half...

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February 13, 2018

VERSATILE OFFERING

SOLD
69 Levanswell Road, Moorabbin

Older-style, brick warehouses in Moorabbin’s industry precinct continue to be popular with owner occupiers and investors alike.  This is due to their usage flexibility and potential for refurbishment, with the recent sale of 69 Levanswell Road, Moorabbin again showing this is the case.

Sold by Jill Duggan, Sales and Leasing Executive, the 360sqm warehouse with a large showroom, office and staff amenities is set on 706sqm of land.  It also had a large...

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February 11, 2018

LUCKY 88

SOLD

88 Cochranes Road, Moorabbin

Nixon Industrial is offering to the market a large warehouse with a showroom and office that is located right in the middle of Moorabbin’s surging industrial precinct.  With great potential for owner occupiers and investors, the property is to be auctioned on Wednesday, February 28 at 12:00 noon, on site.

Sales and Leasing Executive, David Garfield, says, “These older-style brick warehouses in Moorabbin are becoming very popular.  Owner occupiers like them due to...

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February 01, 2018

WAREHOUSE AND LAND

SOLD

13 - 15 Bignell Road, Moorabbin

Nixon Industrial is proud to offer to the market for the first time in 50 year a warehouse and land property on two titles to be sold as one.  To be auctioned onsite on Thursday, February 22 at 12:00 noon, the property is ideal for owner occupiers and developers.

Combined, the total land area of the two properties is 2,394sqm.  13 Bignell Road has an older-style 891sqm warehouse with a 79%...

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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...

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November 15, 2017

SPRINGVALE’S LAST REMAINING MAJOR LAND HOLDING

EXPRESSIONS OF INTEREST CLOSED

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 additional proposed larger industrial buildings totalling 11,510sqm...

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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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October 10, 2017

HOLE IN ONE

FOR SALE

Unit 10/1 Graham Road, Clayton South


Nixon Industrial is offering the last 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. 

With 3 phase power, a kitchenette and other amenities, the warehouse includes two car parking spaces, and is within a security-fenced business park.  The total size of the...

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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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