10/170 Boundary RoadBraeside VIC 3195
Property Details for 10/170 Boundary Rd, Braeside
Last Listing description (November 2023)
Located in the heart of the Braeside Industrial precinct this investment opportunity is not to be missed.
The food factory is comprised of a total 1,512 sqm which includes various processing rooms, store rooms, kitchens, cool rooms and offices. The existing tenant has recently signed a new five (5) year lease with options potentially taking the tenure through to 2038.
With a rear yard totaling 1,100 sqm, the property has long term development potential for a savvy investor.
Lease Details:
Rental: $225,000pa plus GST & Outgoings
Lease Commenced: 1st July 2023
Term: Five (5) years
Further Terms: Five (5) years + five (5) years
Increases: CPI annually, market reviews at expiry.
Sale Price: $3,200,000, 10% deposit, settle 60/90 days
The lease terms, location, and future potential is an opportunity not to be missed. The opportunity won't be available long, call now to ensure you don't miss out.
Inspections are strictly by appointment only.
Property History for 10/170 Boundary Rd, Braeside, VIC 3195
- 02 Nov 2023Sold for $3,050,000
- 03 Oct 2023Listed for Sale $3,200,000
- 19 May 1995Sold for $950,000
Recent sales nearby
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0About Braeside 3195
The size of Braeside is approximately 8.5 square kilometres. It has 6 parks covering nearly 44.2% of total area. The population of Braeside in 2016 was 21 people. By 2021 the population was 25 showing a population growth of 19.0% in the area during that time. The predominant age group in Braeside is 60-69 years. Households in Braeside are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Braeside work in a trades occupation.In 2021, 37.60% of the homes in Braeside were owner-occupied compared with 40.00% in 2016.
Braeside has 1,686 properties. Over the last 5 years, Houses in Braeside have seen a 30.25% increase in median value, while Units have seen a 170.40% increase. As at 31 December 2025:
- The median value for Houses in Braeside is $1,776,984 while the median value for Units is $1,133,947.
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