Your email has been sent.
309 Boundary Rd 1,614 SF Retail Condo Unit in Mordialloc, VIC 3195
Investment Highlights
- Two on-title car spaces are included, and the property benefits from convenient access to major arterial roads.
- The property includes a purpose-built commercial kitchen with a new exhaust system and food-grade finishes.
- A cool room and dry storage areas are integrated into the layout for operational efficiency.
Executive Summary
The property consists of a single-level industrial unit designed for food production and storage. It includes a fully fitted commercial kitchen with food-grade flooring, a grease trap, and gas connections. Additional features include a cool room, dry storage areas, and an office with staff amenities such as a tearoom and toilet. The property also provides two designated car spaces and is situated within an industrial precinct. Access to major transport routes, including the Mordialloc Freeway, Dingley Bypass, and Nepean Highway, is within close proximity.
1 Unit Available
Unit 6
| Unit Size | 1,614 SF | Sale Type | Investment |
| Condo Use | Retail | No. Parking Spaces | 2 |
| Unit Size | 1,614 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
Description
The property is part of an industrial strata complex located on Boundary Road in Mordialloc, Victoria. It comprises a single-level unit with a total building area of approximately 150 square meters. The unit includes a combination of functional areas such as a commercial kitchen, storage spaces, and an office component. Two on-title car spaces are allocated to the property. The site is zoned Industrial 1 under the Kingston Planning Scheme.
Sale Notes
This property is offered as a fully leased industrial investment with a food-grade fit-out. It is currently occupied by an established food operator under a lease term of three years with an additional three-year option. The lease commenced on June 10, 2026, and includes fixed annual increases of 4 percent. The tenant is responsible for outgoings, including land tax, under a non-retail lease structure. The property generates a net income of $45,000 per annum plus GST and outgoings, reflecting an approximate return of 6.5 percent.
Retail Space
Retail Space
Property Facts
| Total Building Size | 15,737 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 15,737 SF |
| Building Class | C | Lot Size | 1.21 AC |
| Total Building Size | 15,737 SF |
| Property Type | Retail (Condo) |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 15,737 SF |
| Lot Size | 1.21 AC |
Amenities
- 24 Hour Access
- Signage
- Automatic Blinds
Presented by
309 Boundary Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.