4/309 Boundary Road Mordialloc VIC 3195

Versatile industrial warehouse with cold store leased by restaurant operator Pakers International Trade, who has just taken up a 3 year renewal option at $28,000 pa + outgoings. Warehousing of 155 sqm* including 18sqm* across two cool rooms, with roller door access.

Asset ripe for the local investor AND the local food or logistics operator - giving plenty of time to plan for future occupation of the site whilst earning attractive return above 5.5%.

Why not also purchase the adjoining unit next door at 5/309 - also leased to Pakers International. The location of this Bayside asset isn't anything short of brilliant.

- Leased to Pakers International Trade Pty Ltd (also occupying 5/309).
- Occupied since November 2020
- 3-year lease renewal commences 1 November 2023.
- $28,000 per annum plus outgoings plus GST.
- 155 sqm* total building area.
- Industrial 1 zoning.
- 2 car spaces on Title, plus an additional 14 on-site.
- Fitted with 2 cool rooms (vendor owned, tenant maintained, and removable).
- 800 m* to the Mordialloc Freeway.
- 3.1 km* to the Dingley Bypass.
- 2.4 km* to the Nepean Highway.

POINT OF VIEW:

Flexibility in spades. Not just because of the floorplan, but the tenant plan making this asset the front-runner for investors and owner-occupiers alike. To run ahead of the pack, act quickly.

*Approx.
Pricing excludes GST