September 13, 2019

2019 REIV C&I Marketing Awards

Nichols Crowder is proud to announce that last night, at the 2019 REIV C & I Marketing Awards, we were again recognised for our highly effective marketing campaigns.

We received a Winner and two Finalist Awards for our Industrial and Retail sales campaigns.

WINNER              Best Campaign by a Small Agency (Moorabbin Office)
FINALIST             Industrial – Best Sales Campaign (Budget under $10,000) (Moorabbin office)
FINALIST             Best Campaign by a Medium Agency (Carrum Downs...

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September 10, 2019

NEW DANDENONG OFFICE - NOW OPEN

Nichols Crowder is pleased to announce the opening of our new office in Dandenong, at 2/333 Frankston Dandenong Road, Dandenong South. 

To better service our clients and to complement our existing Moorabbin, Carrum Downs and Mornington offices, the new Dandenong office further strengthens our commitment to Melbourne’s South East region.

Nichols Crowder has looked to expand its operations into the Dandenong region for some time. 

With the commercial and industrial property markets in the South East serviced by vastly improved freeway networks including...

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September 06, 2019

FY19 Market Report - OUT NOW

We are pleased to release our FY 2019 Annual Market Report. 

It provides an overview of the commercial and industrial property market, sharing valuable insights with a particular focus on activity in Melbourne’s South East. 

It really was an eventful year.  From the banking royal commission and falling residential property prices, to interest rate cuts, declining confidence and a dramatic federal election, these mixed messages were interspersed with a range of excellent opportunities.

We present our findings in line with our key brand...

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August 30, 2019

CHEERS ALL ROUND

SOLD

233 Beach Street, Frankston

More than 110 bids shows that retail investments with quality tenants continue to be popular, as shown with the recent auction of 233 Beach Street. 

Leased to a well-established bottle shop, the property was sold at auction for $730,000 on a yield of just 3.0%. 

The freehold shop of 67sqm on land of 236sqm attracted significant enquiry due to its corner position and development potential (STCA). 

For further information please contact:

LINDA ELLIS 0400 480...

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August 29, 2019

Rare Shop & Dwelling in Lifestyle Location

AUCTION
THURSDAY 12 SEPTEMBER AT 12 NOON ON SITE

40 Station Street, Sandringham

Shop and dwelling properties are always popular with owner occupiers and investors, and Nichols Crowder in conjunction with Teska Carson has a great one on offer at 40 Station Street, Sandringham.

Set in an amazing location, close to transport and the beach, the two storey property is to be auctioned on site on Thursday 12 September at 12 noon.

With land of approximately 252sqm, the 160sqm building comprises a...

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August 29, 2019

Renovator's Delight

AUCTION
THURSDAY 19 SEPTEMBER AT 12 NOON ON SITE

572 North Road, Ormond

With older-style shop and dwellings becoming less common, and rarely coming up for sale, Nichols Crowder is proud to offer 572 North Road, Ormond to the market. 

Being offered to the market for the first time in 50 years, the property is to be auctioned on site on Thursday, September 19 at 12:00noon.

Set on land of approximately 241sqm, the building of around 196sqm is ripe for renovation and...

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August 19, 2019

Prestige Office Warehouse

AUCTION
THURSDAY 12 SEPTEMBER AT 2PM ON SITE

4 Wandarri Court, Cheltenham

With large warehouse in the Bayside Business District rarely being offered to the market, Nichols Crowder is pleased to be auctioning 4 Wandarri Court, Cheltenham on Thursday, September 12 at 2:00pm on site.

Set on land of around 3,409sqm, the high quality building of approximately 2,118sqm comprises a large clear span warehouse, and offices over two stories with extensive staff facilities.  As a...

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August 16, 2019

2 Shops & Cottage Oasis

SOLD

110 & 110A Gardenvale Road, Gardenvale

A unique retail / office / residential property at 110 & 110A Gardenvale Road has sold at auction for $1.585 million.  In front of about 40 people, four parties bid strongly for the property, which is located close to Martin Street shops and Gardenvale train station. Comprising a garden oasis, two shops or offices, and a one-bedroom cottage, the quirky property is known for being a touch of paradise in a...

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August 14, 2019

Imagine Owning This

SOLD

8/22-26 George Street, Sandringham

Demand for smaller warehouses in Bayside remains strong, as shown with the recent sale of 8/22-26 George Street, Sandringham.

The location is particulary popular due to its proximity to multiple local shopping strips, Southland Shopping Centre, ALDI and a new Dan Murphy's.

The brand new, open plan building of approximately 163sqm was purchased after auction by a local owner occupier for $655,000, or $4,018/sqm. 

Marketed by Darryl Lever and James Glen of Nichols Crowder, the property attracted significant...

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August 12, 2019

An Opportunity to Make Dough

SOLD

11/22-24 Bond Street, Mordialloc

High-yielding commercial and industrial investments in Melbourne’s South East continue to be popular with buyers, particularly those properties leased to secure, long-term tenants.  This was again shown with the recent sale of a
well-proportioned warehouse with front office and seven car spaces at 11/22 Bond Street, Mordialloc.  Home to BonBons Bakery, the tenant is trading out of four other units in the complex, making the property a premium drawcard for purchasers. 

The property was marketed...

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