265 Boundary Road, Mordialloc, VIC 3195 sold on 19 February 2025 | OnTheHouse
SOLD
Sold on 19 Feb 2025 for $1,850,000

265 Boundary Road
Mordialloc VIC 3195

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 2151m2
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Property Details for 265 Boundary Rd, Mordialloc

Building Type
Commercial
Land Size
2151m2
Local Government
Kingston
Lot/Plan
3/LP67418

Last Listing description (March 2024)

Morrison Commercial is proud to offer this excellent opportunity. The property is located in a high exposure location on Boundary Rd in the Heart to the Braeside/Mordialloc Industrial precinct.

Boasting a secure long-term tenant, this offering provides the ideal platform for investors seeking stability and growth potential. With the prospect of future development this property opens doors to a multitude of possibilities.

Spanning an impressive total land area of 2,151sqm*, it's worth noting that a designated easement for the Mordialloc settlement drain traverses the rear portion of the property. This ensures approximately 1,990sqm* of easily accessible and functional space, tailored to meet a wide array of commercial needs.

The building itself, covering an expansive 627sqm*, primarily comprised of warehouse, reception area, offices, and amenities.

Key Features:
High-exposure location on Boundary Road
Heart of the Braeside/Mordialloc Industrial precinct
Secure, long-term tenant
Future development potential
Total land area: 2,151sqm*
Usable land area: 1,990sqm*
Building area: 627sqm*

Lese Details:
Rent: $87,466.08 plus GST & Outgoings (excluding land tax)
Lease Strat: 1/12/2021
Term: Three (3) years
Further Term: Three (3) years
Increases: CPI annually, Market at expiry

Mordialloc is Situated 26km* south-east of Melbourne's CBD and within close proximity to major roads including Nepean Highway, Lower Dandenong Road, Springvale Road, Eastlink, Dingley Bypass & the recently completed Mordialloc bypass. Amenities surrounding the area comprise Moorabbin DFO, Moorabbin Airport and well known Golf Courses; Capital, Woodlands and Southern Golf Clubs.

Inspections are strictly by appointment only.

*All sizes are approximate
**All figures are GST exclusive unless otherwise stated. GST is payable in addition to amounts quoted.

Property History for 265 Boundary Rd, Mordialloc, VIC 3195

A timeline of how this property has performed in the market
Last Sold
$1,850,000
19 Feb 2025
  • 19 Feb 2025
    Sold for $1,850,000
  • 15 Feb 2024
    Listed for Sale Contact Agent
  • 03 May 2002
    Sold for $420,000
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About Mordialloc 3195

The size of Mordialloc is approximately 4.4 square kilometres. It has 18 parks covering nearly 24.6% of total area. The population of Mordialloc in 2016 was 8166 people. By 2021 the population was 8886 showing a population growth of 8.8% in the area during that time. The predominant age group in Mordialloc is 40-49 years. Households in Mordialloc are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mordialloc work in a professional occupation.In 2021, 68.30% of the homes in Mordialloc were owner-occupied compared with 66.20% in 2016.

Mordialloc has 5,625 properties. Over the last 5 years, Houses in Mordialloc have seen a 27.47% increase in median value, while Units have seen a 18.63% increase. As at 31 January 2026:

  • The median value for Houses in Mordialloc is $1,526,769 while the median value for Units is $774,256.
  • Houses have a median rent of $723 while Units have a median rent of $560.
There are currently 12 properties listed for sale, and 4 properties listed for rent in Mordialloc on OnTheHouse. According to Cotality's data, 200 properties were sold in the past 12 months in Mordialloc.

Suburb Insights for Mordialloc 3195

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.