Case Study: 19-21 Nicole Way, Dandenong South

Prime corner site sold in Dandenong South

An extensive campaign that generated great interest

19-21 Nicole Way, Dandenong South, sold in September for a great result of $3,150 per m².

The Expression of Interest campaign utilised a mix of traditional and digital media tactics to generate an extensive number of enquiries. The campaign included brochures, web listings, floor plans and eDMs.

Commercial real estate agents at Facey leveraged its corner positioning and fantastic features to push interest to potential purchasers, which proved successful as we gained over 100 inquiries.

SOLD

$2,951,550

Expression of Interest

27/09/2023

This industrial asset performed well despite being in a somewhat volatile market, starved of opportunity for vacant possession properties.

The campaign generated great interest with a total of 115 email enquiries and sold at a building rate of $3,150 per m². A fantastic result for our vendors.

19-21 Nicole Way, Dandenong South

An excellent freehold opportunity for investors and occupiers alike.

This corner-positioned property boasted a generous land parcel of 1,991m², providing ample space for all business needs. It comprised three container-height electric roller doors for easy access, a 97m² carpeted office space with ducted air conditioning, a warehouse spanning an impressive 840m², with a clear span layout for maximum flexibility.

Additionally, the site included a secure concrete yard measuring circa 336m², allowing for secure storage or additional parking, plus a fire-safe ventilated chemical storage room for those requiring specialised storage.

A month-to-month tenant was also in place and offered the opportunity for immediate investment or occupation.

 

About the Property

PROPERTY

Industrial

BUILDING AREA

937m²

ZONING

Industrial 1