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1000 Nepean Highway
Moorabbin VIC 3189
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Sold on 27 Dec 2019

1000 Nepean Highway Moorabbin VIC 3189

  • Shop & Retail
  • 4,376 m²
  • Sold

PRIZED TROPHY RETAIL INVESTMENT

  • 2019’s Best Retail Investment
  • Blue-Chip National Tenants
  • Net Income: $1,153,438pa*

Savills is delighted to offer for sale this extraordinary retail investment opportunity superbly occupying a prominent corner along Nepean Highway's 'Golden Mile', and fully leased to blue-chip tenants Freedom and Barbeques Galore. Having undergone a recent major refurbishment, 1000 Nepean Highway, truly reflects a retail opportunity of the highest calibre.

Key attributes of this impressive opportunity include:
A modern two level retail building of 4,376q m*
Basement customer car parking for 65 vehicles*
New leases to A-grade tenants Freedom (10 years) & Barbeques Galore (5 years)
Valuable corner landholding of 3,485sq m*
Current Net Income: $1,153,438 per annum*
Prominent exposure to Nepean Highway & Worthing Road
Over 60,000 vehicles^ pass by the property daily
Over $1 million* has recently been spent on building refurbishment
Proven retail precinct along the Golden Mile of Nepean Highway, with direct proximity to Moorabbin Homemaker Centre
A true once in a generation investment opportunity!

*Approx. ^VicRoads

SOLD

For further information please contact:

Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655

Property Highlights

Date Sold27 Dec 2019
Floor Area4,376 m²
Land Area3,485 m²
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Property ID2015799165
Category
Last updated  2 Nov 2021
Map for 1000 Nepean Highway Moorabbin VIC 3189

Property Highlights

Date Sold27 Dec 2019
Floor Area4,376 m²
Land Area3,485 m²
EnergyAsk Agent
ParkingOn site parking available
Building TypeWhole building
Property ID2015799165
Category
Last updated  2 Nov 2021
Level 29, South Tower, 80 Collins Street, Melbourne VIC 3000

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