July 15, 2019

Connected, Creative & Unique

FOR SALE BY EXPRESSIONS OF INTEREST 
Closing Wednesday, August 7 at 3:00pm

8 Simpson Street, Moorabbin

Nichols Crowder is pleased to offer to the market 8 Simpson Street, Moorabbin via an Expression of Interest campaign closing Wednesday August 7 at 3:00pm.

Located in the increasingly popular and ever changing Moorabbin industrial estate, the well fitted out two-storey property offers flexibility for owner occupiers and investors alike.

Set on land of around 808sqm, the building comprises approximately 518sqm of office space over two...

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July 15, 2019

Extraordinary Retail Investment

AUCTION
Thursday, 8 August at 12 noon on site

11 Thompson Street, Frankston

Being offered for the first time in 34 years, and leased to the same business for 30 years, Nichols Crowder is pleased to present 11 Thompson Street, Frankston to the market.  Perfect for an investor to add to their portfolio, the property is to be auctioned on site on Thursday, August 8 at 12 noon.

Set on land of approximately 658sqm, the building of approximately 720sqm includes a...

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June 21, 2019

PERFECTLY BALANCED INVESTMENT

SOLD
1301-1303 Nepean Highway, Cheltenham

A longstanding medical investment at 1301-1303 Nepean Highway, Cheltenham has been sold via an Expressions of Interest campiagn for $2,620,000. 

The property was marketed by Julian Vautin of Nichols Crowder. Mr Vautin said the property attracted great interest with 7 Expressions of Interest received and ultimately achieving a yield of 4.77%.

For further information, please contact:

JULIAN VAUTIN 0420 406 660

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June 11, 2019

Prime Investment

SOLD
1 & 2/8 Rutherford Road, Seaford

A large showroom / warehouse at the corner of 1 & 2 / 8 Rutherford Road has been sold by private sale for $1.275 million. Leased to two long-term tenants, it changed hands on a solid yield of around 5.5% for the 815sqm building.

The property was marketed and sold by Josh Monks of Nichols Crowder. Mr Monks expects that recently announced government funding for...

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June 11, 2019

Factory with large hardstand yard

LEASED
1&2/50 Access Way, Carrum Downs

Significant road infrastructure improvements via Eastlink and Peninsula Link have contributed to greater demand for commercial and industrial property in Carrum Downs.  This was shown recently with the leasing of newly-constructed warehouses/offices at 1/50 and 2/50 Access Way, Carrum Downs by James Dodge of Nichols Crowder.  With a combined building area of 5,062sqm, the combined properties were leased out for $445,950 a year, plus GST and outgoings, on a 7 x 5 x...

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May 23, 2019

Perfectly Balanced Investment

FOR SALE BY EXPRESSIONS OF INTEREST
Closing Thursday, June 13 at 3:00pm

1301-1303 Nepean Highway, Cheltenham

Few commercial property investment opportunities come onto the market that tick as many boxes as 1301-1303 Nepean Highway, Cheltenham.

Set in a great location and leased to a well-established tenant until 2034 (including options), Nichols Crowder is selling the property via an Expression of Interest campaign closing Thursday, June 13 at 3:00pm.

With a land area of approximately 1,272sqm, the property includes two buildings totalling...

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May 22, 2019

Mornington Warehouses Popular

SOLD
104 Watt Road Mornington

Demand for industrial property remains robust in Mornington, as shown with the recent sale of two warehouses on the same block on the corner of 104 Watt Road and Milgate Drive.  The property was purchased for $890,000 by a local, passive investor seeking secure and stable returns, on a yield of 5.05%.  Marketed and sold by Josh Monks and Tom Crowder of Nichols Crowder after taking over the lease management, a renegotiation...

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May 15, 2019

Fully Fitted & Ready To Go

FOR SALE BY EXPRESSIONS OF INTEREST
Closing Thursday, June 13 at 3:00pm

483 - 485 Highett Road, Highett

Nichols Crowder is excited to offer to the market a ready-to-go hospitality venture at 483-485 Highett Road, Highett.  Suitable for a range of hospitality businesses (STCA), the Expression of Interest campaign closes on Thursday, June 13 at 3:00pm.

Set in a prime location in a popular and growing suburb, the 200sqm* property is diagonally opposite Woolworths Highett, and is close to Highett...

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May 14, 2019

CASE STUDY - Think Local: Local Tenant / Local Agent

When it comes to selling or leasing out commercial and industrial property in Melbourne’s South East, engaging a local agent with an intimate knowledge of the area will almost always provide the best results for vendors and landlords.

As the leading commercial and industrial property agency across the region, Nichols Crowder has the experienced staff with the required local knowledge and relationships to exceed client expectations.

This was shown recently with a pre-commitment lease for...

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April 02, 2019

MORNINGTON PENINSULA MARKET REPORT

REPORT OUT NOW

We are pleased to announce the release of our latest market report, this time focussing on the Mornington Peninsula Commercial and Industrial Property Market.

Nichols Crowder has identified three key issues that will impact the market in the foreseeable future. 

  1. The positive impact of Major Activity Centres in Mornington, Rosebud and Hastings.
  2. A lack of industrial land.
  3. The potential re-zoning of land near the Port of Hastings.

This report discusses each of these issues offering...

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