Rutherfords Real Estate is pleased to present 4/238 Governor Road Braeside. This tenanted investment office/warehouse is currently leased to a nation wide tenant with three years remaining on the Lease. The property is located close to the Mornington Peninsula Fwy and Lower Dandenong Road and is situated in a clean and presentable Business Centre. Features include:
Build Area:
Ground Floor: 167sqm
Lease Details:
- Leased to a nation wide Tenant
- Annual Rent: $26,697 p.a + Gst + outgoings
- Term: Five (5) years
- Lease Commenced: 27th April 2021
- Further Terms: one (1) further Term of three (3) years
- 100% of all building outgoings payable by the Tenant
- Security Bond: Equal to 3 months rent
Features Include:
- Landscaped gardens
- Clearspan warehouse in clean condition
- Reverse cycle heating on Ground Floor and First Floor
- 3 car spaces on title
- Kitchenette
- Disabled toilet access
- Container height electric roller door
*Size is approx
Contact Ben Farrar today on: 0439 211 781
Disclaimer:
All sizes are approx
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 1,685 properties. Over the last 5 years, Houses in Braeside have seen a 30.25% increase in median value, while Units have seen a 160.65% increase. As at 30 April 2026:
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