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On the market: Two businesses at 157-163 Ocean Beach Rd provide �opportunities on this stretch of road [that] don’t come up regularly�. Picture: Yanni

Market momentum ‘test’ THE auction of two freestanding commercial buildings at 157-163 Ocean Beach Rd, Sorrento, is expected to confirm the strength of the peninsula’s property market. CBRE’s Mark Wizel said the 554 square metre block, to be auctioned 12.30pm, Saturday 11 March, was expected to attract strong interest given its passing income, flexibility and position adjoining a council car park. He said the site offered an opportunity for a mixed use development “in one of Victoria’s strongest performing markets�. He described 2016 as a “hugely successful year� for the Mornington Peninsula’s property market with “this momentum� expected to continue into 2017. Mr Wizel referred to the sale last year of the Mitre 10 Hardware store at 80-90 Ocean Beach

Rd for $11.465 million – reflecting a record price of nearly $4500 a square metre. The property was bought by a “prominent Melbourne based investor� for future development. CBRE’s Sandro Peluso said Sorrento had emerged as one of the state’s strongest housing markets in recent years. “House prices in Sorrento have grown by 17.43 per cent in the past three years, underlining investor confidence in the stability and growth potential of the suburb.� Referring to the sale of the two commercial sites at 157-163 Ocean Beach Rd, he said: “Opportunities on this stretch of road don’t come up regularly, especially with such outstanding street corner exposure, development potential and short term income security.� The two businesses on the site, both on short-term leases, generate rental income of $105,105 a year.

12337001-LN03-17

DECKING

WEATHERBOARD

FLOORING SHEETS

FENCE EXTENSIONS

T/Pine 70x22 KD ACQ ........................... $2.05mt T/Pine 90x22 KD ACQ ........................... $2.50mt T/Pine 140x22 KD ACQ ......................... $5.50mt Merbau 70x19 Random ........................ $4.40mt Merbau 90x19 Random ........................ $5.25mt Merbau 140x22 Random ...................... $9.75mt

Cedar 190mm....................................... $4.95mt Primed Baltic Pine 170mm ................... $3.20mt

Yellow Tongue 3600x900mm ............... $45.00ea Plyoor 2.4x1.2x15mm ........................ $54.50ea

2400x500 ............................................ $22.00ea

DOOR JAMB SETS

KDHW DAR SEL GRADE

2400x500 Woven ................................. $32.00ea

FIBRE CEMENT SHEET UNDERLAY

Meranti 110x19mm ............................. $33.00ea Primed MDF 110mmx18mm .................................... $19.25ea Meranti Ext. Unassembled w/out sill ........................ $75.00ea

1800x900 ............................................ $16.75ea

CYPRESS

42x19 ................................................... $3.00mt 65x19 ................................................... $4.50mt 90x19 ................................................... $6.00mt 110x19 ................................................. $7.50mt 135x19 ............................................... $10.75mt 185x19 ............................................... $19.25mt

4.5MM

125x75 ................................................. $8.75mt 100x100 ............................................... $9.25mt 125x125 ............................................. $14.75mt 150x150 ............................................. $24.00mt 70x19 Blanks......................................... $2.00mt

1800x900 ............................................ $12.25ea 1800x1200 .......................................... $16.50ea 2400x450 .............................................. $8.25ea 2400x600 .............................................$11.00ea 2400x900 ............................................ $16.50ea 2400x1200 .......................................... $22.00ea 3000x900 ............................................ $20.50ea 3000x1200 .......................................... $27.25ea

6.0MM 1800x1200 .......................................... $23.25ea 2400x900 ............................................ $23.25ea 2400x1200 .......................................... $31.00ea 3000x1200 .......................................... $38.50ea

BLUE BOARD 2400x900 ............................................ $28.75ea 2400x1200 .......................................... $38.25ea 2700x900 ............................................ $32.00ea 2700x1200 .......................................... $42.50ea 3000x900 ............................................ $35.25ea 3000x1200 .......................................... $47.00ea

BGC DURAFLOOR 2250x600x19 T&G.................................$85.00ea

CEMENT PRODUCTS Concrete Mix 20kg ................................. $6.75ea Rapid Set 20kg ...................................... $7.75ea Cement 20kg ......................................... $7.95ea

SHADOWCLAD GROOVED Shadowclad 2.4x1.2x12mm ............. $105.00ea Shadowclad 2.7x1.2x12mm ............. $117.50ea Large quantities ........................................ P.O.A.

KDHW F17 90x35 ................................................... $5.65mt 90x45 ................................................... $7.35mt 140x45 ................................................$10.75mt 190x45 ............................................... $15.80mt 240x45 ............................................... $22.25mt 290x45 ............................................... $26.55mt

ALL PRICES INCLUDE GST PAYMENT BY CASH OR CREDIT CARD ONLY E. & O.E

TREATED PINE POLES 75-100x1.8mt ...................................... $5.25ea 75-100x2.4mt ...................................... $8.25ea 75-100x3.0mt ...................................... $11.75ea 75-100x3.6mt ...................................... $15.25ea 100-125x1.8mt .................................... $9.75ea 100-125x2.4mt ................................... $14.25ea 100-125x3.0mt ................................... $20.25ea 100-125x3.6mt .................................. $24.75ea 100-125x2.4mt Splits ............................ $9.50ea

OBHW F8 50x25 ................................................... $1.25mt 75x38 ................................................... $2.75mt 125x38 ................................................. $4.65mt

MDF CRAFTWOOD 2400x1200x3mm ................................ $11.00ea 2400x1200x6mm ................................ $18.00ea 2400x1200x9mm ................................ $24.00ea 2400x1200x12mm .............................. $27.00ea 2400x1200x16mm .............................. $30.00ea 2400x1200x18mm .............................. $33.00ea

PARTICLEBOARD 18mm 2400x450 ............................................ $12.00ea 2400x600 ............................................ $16.00ea 2400x1200 .......................................... $32.00ea

POLYESTER BATTS R2.0 12pc $29.00 per bag R3.5 6pc $25.75 per bag

MERBAU 90X19 SHORTS DAR

1.8 & 2.1mt LENGTHS

$4.00 plm MELAMINE - EDGED 16MM

TREATED PINE SLEEPERS

2400x300 ............................................ $11.00ea 2400x450 ............................................ $17.00ea 2400x600 ............................................ $22.00ea 1800x450 ............................................ $13.50ea 1800x600 ............................................ $17.00ea 3600x450 ............................................ $26.50ea 3600x600 ............................................ $35.00ea Not Edged 2400x1200 .......................................... $40.00ea 2400x1200x3mm ................................ $18.00ea

200x50

PINE LINING 140x12 VJ/Regency .............................. $2.15mt 140x19 VJ/Floor.................................... $3.50mt

PINE DAR STD GRADE 42x19 ................................................... $1.10mt 70x19 ................................................... $1.45mt 90x19 ................................................... $1.80mt 120x19 ................................................. $2.20mt 140x19 ................................................. $2.95mt 190x19 ................................................. $4.00mt 240x19 ................................................. $6.75mt 290x19 ................................................. $8.50mt 140x12 ................................................. $2.15mt

Forprice priceand andavailability availability For allyour yourbuilding buildingsupply supply ofofall needsplease pleasecall call needs

2.4 mt ................................................. $13.25ea 2.4 mt (Packs 50) ................................ $12.00ea 2.7 mt ................................................. $15.00ea 2.7 mt (Packs 50) ................................ $13.50ea 3.0 mt ................................................. $16.50ea 3.0 mt (Packs 50) ................................ $15.00ea 200x75 1.8 mt ................................................. $15.00ea 1.8 mt (Packs 30) ................................ $13.50ea 2.4 mt ................................................. $19.95ea 2.4 mt (Packs 30) ................................ $18.00ea 2.7 mt ................................................. $22.50ea 2.7 mt (Packs 30) ................................ $20.25ea 3.0 mt ................................................. $24.75ea 3.0 mt (Packs 30) ................................ $22.50ea 3.6 mt ................................................. $29.75ea 3.6 mt (Packs 30) ................................ $27.00ea 200x100 2.4 mt ................................................. $26.50ea 2.4 mt (Packs 25) ................................ $24.00ea 3.0 mt ................................................. $33.00ea 3.0 mt (Packs 25) ................................ $30.00ea

2400x500 Oriental ............................... $26.00ea

TREATED PINE R/S 100x12 Paling....................................... $0.65mt 150x12 Paling....................................... $0.95mt 150x25 ................................................. $2.00mt 75x50 ................................................... $2.40mt

PRIMED MDF MOULDINGS

T/PINE F7/MGP10 – LASER CUT

S/Bevel 42x15 ...................................... $1.00mt S/Bevel 67x15 ...................................... $1.30mt S/Bevel 67x18 ...................................... $1.35mt L/ Tongue 67x18 ................................... $1.35mt L/ Tongue 92x18 ................................... $1.95mt L/ Tongue 140x18 ................................. $3.25mt B/nose 67x18 ....................................... $1.35mt B/nose 92x18 ....................................... $1.95mt

70x35 ................................................... $2.70mt

CYPRESS PINE PICKETS 70x19 900mm ....................................... $1.80ea 70x19 1200mm ..................................... $2.30ea 70x19 1500mm ..................................... $2.85ea 70x19 1800mm ..................................... $3.30ea

DESIGN PINE - PRIMED T/PINE 18x18 Quad/Fillet/DAR .......................... $1.50mt 42x18 DAR ............................................ $2.75mt 66x18 DAR ............................................ $3.75mt 90x18 DAR ............................................ $4.95mt 138x18 DAR .......................................... $7.50mt 30x30 Int Stop ....................................... $3.25mt 57x30 Ext Stop ...................................... $5.35mt 42x42 DAR ............................................ $5.25mt 66x42 DAR F7 ....................................... $7.95mt 90x42 DAR F7 ..................................... $10.25mt 138x42 DAR F7 ................................... $15.50mt 185x42 DAR F7 ................................... $20.50mt 230x42 DAR F7 ................................... $32.00mt 280x42 DAR F7 ................................... $38.25mt

T/PINE SLEEPER SPECIAL

200 x 75 x 2.4mt

 each PACK LOTS ONLY

5981 0943

70x45 ................................................... $3.55mt 90x35 ................................................... $3.55mt 90x45 ................................................... $4.65mt 140x35 ................................................. $5.50mt 140x45 ................................................. $6.95mt 190x45 ................................................. $9.25mt 240x45 ............................................... $12.50mt 290x45 ............................................... $15.00mt

T/PINE FASCIA PRIMED 190x32 D&G... ...................................... $9.50mt 240x32 D&G... .................................... $18.50mt

PINE MGP10 70x35 Long .......................................... $2.15mt 70x45 Long ...........................................$3.10mt 90x35 Studs ......................................... $2.15mt 90x35 Long .......................................... $2.25mt 90x45 Studs ......................................... $2.95mt 90x45 Long ...........................................$3.10mt

PINE MERCH 90x35 ................................................... $1.25mt 90x45 ................................................... $1.60mt

PINE F7/MGP10 – LASER CUT 140x45 ................................................. $5.00mt 190x45 ................................................. $7.25mt 240x45 ............................................... $10.00mt

GALV SLEEPER CHANNEL ‘H’ SECTION $40.00MT ‘C’ SECTION $24.00MT

Ph: 5981 0943

11Dalkeith DalkeithDrive, Drive,Dromana Dromana

Fax: 5987 3887 sales@dromanatimber.com.au

www.dromanatimber.com.au www.dromanatimber.com.au

Mon-Fri Mon-Fri7am-4pm 7am-4pmSat Sat7am-12 7am-12noon noon Southern Peninsula News 24 January 2017

PAGE 11

Profile for Mornington Peninsula News Group

24 January 2017  

Southern Peninsula News 24 January 2017

24 January 2017  

Southern Peninsula News 24 January 2017

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