Gorman Allard Shelton in conjunction with Tyas & Associates are pleased to offer for sale 114-116 Boundary Road, Braeside by Expressions of Interest closing Thursday 14th September at 2pm.
This prominent high clearance warehouse/office has dual roller door access and is leased to Bullivants, a wholly owned subsidiary
of Wesfarmers Group Limited.
Key features:
* Lease term: 4 + 3 + 3 years
* Rental: $235,000 pa + GST and outgoings and land tax
* Annual CPI reviews
* Building area: 3,046 sqm approx.
* Land area: 4,561 sqm approx.
* Bullivants is Australia's oldest and largest specialist provider of lifting, rigging and height safety services to the industrial sector
* Tenant has been in occupation for 13 years
Located in a tightly held industrial precinct with prominent positioning on Boundary Road and easy access to the Mordialloc Freeway and other major arterials. The area is underpinned by the Moorabbin Airport, Costco and DFO.
Contact Agents:
Jonathon McCormack 0418 835 885
Graeme Tyas 0418 316 220
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:
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