6/13 Downard StreetBraeside VIC 3195
Property Details for 6/13 Downard St, Braeside
Last Listing description (August 2023)
Gross Waddell ICR and Mindacom Real Estate are pleased to present for sale Unit 6, 13 Downard Street, Braeside. This functional warehouse boast short-term holding income with the ability to occupy mid to late 2024.
The warehouse offers significant flexibility for potential owner occupiers to move in late 2024 or for savvy investors to release on a new long term lease.
Modern and well-maintained warehouse consisting of 1,244 sqm* of building area including 122 sqm* of office
Leased to October 1 2024 with no further options
Short-term holding income of $122,925.51* net per annum (as at 1st Oct 2023)
Long standing tenant to a global lighting manufacturer- WE-EF
Residing within the favourable Industrial 1 Zoning (IN1Z) allowing a range of uses and provides high clearance roller doors with intelligent designs.
This precinct of Braeside is a strategic infill industrial precinct and is perfectly positioned in close proximity to Moorabbin Airport, DFO Moorabbin, Decathlon, Costco the lifestyle precincts of Mordialloc and Parkdale. With direct access to the newly built Mordialloc Freeway, the location provides ideal connectivity to additional major arterials including Lower Dandenong Road (691 m*), Boundary Road (340 m*), Mordialloc Freeway (400 m*), Springvale Road (2.9 km*) and Westall Road Extension (3.2 km*).
Offered to the market via Private Sale
Property History for 6/13 Downard St, Braeside, VIC 3195
- 01 Aug 2023Sold for $3,020,000
- 24 May 2023Listed for Sale Contact Agent
- 27 May 2014Listed for Sale Not Disclosed
Recent sales nearby
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About 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 1,685 properties. Over the last 5 years, Houses in Braeside have seen a 30.25% increase in median value, while Units have seen a 165.70% increase. As at 31 March 2026:
- The median value for Houses in Braeside is $1,644,889 while the median value for Units is $1,127,916.
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