AUCTION

352 Lower Dandenong Road, Mordialloc, VIC 3195


Invest, Develop in an Iconic Position

Invest, develop, and make history with an iconic business location, a substantial parcel of land, and a rare Mordialloc commercial address. Home to an iconic local business, this versatile offering comprises a streetfront shop-warehouse, a rear dwelling, and secondary streetfront access. See the potential in the existing business infrastructure and consider the possibilities for ongoing leasing or operation. Upgrade the rear dwelling for a possible second income stream, or look to the future with an all-new use for this well-addressed, well-positioned dual street-access property opposite a fast-developing new commercial and retail hub at the gateway to the south-eastern suburbs.

Approx. 1222 sqm commercial site:

- High-profile position at the gateway to the south-eastern suburbs
- Access to a second street frontage on Boundary Lane-accessible from Boundary Rd.
- Side lane with scope to open up thorough access to Boundary Lane
- 2 crossovers
- Shopfront apron parking
- High-profile shopfront-warehouse:

- Decades-long tenancy to landmark local business, Beau-Tone Dry-Cleaning
- Offered now for vacant possession with all infrastructure in place
- Potential for in excess of $100K pa turnover for future owner-operator
- Retail shopfront extending to racked storage space
- Warehouse/workspaces with additional access
- Office and WC facilities
- Front and side roller doors

Rear mid-century residence:

- 2 bedrooms
- Large living and covered patio area
- Carport and outbuilding
- Current month-to-month tenancy

Rare Mordialloc Industrial Zone 1 commercial address:

Small, tightly held precinct opposite fast-transforming new commercial and retail hub
- One block from access to new Chifley Business Park and Moorabbin Airport
- 1 minute to Kingston Plaza, DFO, and Costco shopping
- 2 minutes to Peninsula Link Freeway access
- 3 minutes to Dingley Bypass access
- 5 minutes to Mentone station
- 20 minutes to Dandenong
- 40 minutes to the city via Nepean Hwy

Property Info

Municipality
Mordialloc

AUCTION

Thursday, 17 Oct 2024
11:00 am
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