Property Solutions: Latest Sales Highlights

Track Record

Property Solutions: Latest Sales Highlights

September 15, 2020

Bayside & South East Sales

From April through to early September, Nichols Crowder Moorabbin office has transacted over 90 sales and leases across Melbourne's south east, with a third of these transactions being sales.
Sales activity in the Moorabbin office spread across all sectors including development sites, investments, offices and industrial.
Leasing activity was strongest in the industrial sector in buildings less than 500sqm, with particular interest from home improvement, construction and logistic sectors.
Moving forward, suburban offices are expected to grow in favour as the novelty of working from home wears off, yet travelling to the city has lost its appeal.

Sold

$3,750,000

5 Walker Street, Braeside

Warehouse facility: 2,733sqm*, Land: 6,618sqm*

Substantial facility in expanding new Mordialloc Fwy precinct

Sold

$950,000

730B Centre Road, Bentleigh East

Land area: 581sqm*

Purchased by local developer to build townhouses

Sold

$320,000

14 / 2-6 Independence Street, Moorabbin

Warehouse: 83sqm*, plus parking

Purchased by a local owner occupier

Sold

$1,300,000

18 Century Drive, Braeside

Total building area: 1,163sqm*

Sold prior to auction

Sold

$2,550,000

1 / 36 Esplanade, Brighton

Stunning ground floor office: 383sqm*

Sold to a local owner occupier

Sold

$5,550,000

117 Frankston Dandenong Road, Dandenong South

Impressive site with long term lease to Case Construction

Sold to local investor on a 6.1% yield

Sold

$965,000

1 Hewitt Street, Cheltenham

Warehouse: 418sqm*

Over 76 enquiries and multiple offers received

Sold

$1,490,000

8 Wren Road, Moorabbin

Refurbished office warehouse: 700sqm*

Purchased by an online fashion group

We have buyers & tenants. Contact us for a property solution.

9559 3888

All information and sizes are approximates. Particulars herein are for information only and do not constitute any representation by the owner or agent. Interested parties should make their own enquiries. If you do not wish to receive further information please contact our privacy offi cer. If your property is exclusively listed witn another agent, please disregard this notice.

Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

Track Record