39 Genoa Street Moorabbin VIC 3189

Motion Property & Lemon Baxter are pleased to offer for sale this rare and versatile two-level freehold property located in the heart of Moorabbin's thriving industrial and commercial precinct.

With Mixed Use zoning and strong rental income in place, the property offers an ideal opportunity for investors, owner-occupiers, or developers looking to secure a high-performing asset with excellent future upside (STCA).

KEY HIGHLIGHTS
Land Area: 204sqm
Total Building Area: 4000sqm*
Zoning: Mixed Use
Potential to redevelop into a more intensive mixed-use project (STCA)

GROUND FLOOR COMMERCIAL SPACE
Floor Area: 200sqm*
Offered with vacant possession
3 interconnecting rooms, ideal for office or showroom use
Rear roller door access for storage or secure parking (up to 4 cars)
Estimated Rental Return: $850 + GST + outgoings per week (approx. $44,200 p.a.)

LEVEL 1 RENOVATED RESIDENTIAL APARTMENT
3-bedroom residence
Internal Area: 120sqm*
Terrace: 80sqm*
Modern bathroom with double vanity, separate shower & toilet
Currently leased at $650 per week (approx. $33,800 p.a.)

LOCATION
Situated moments from Nepean Highway, South Road, and Moorabbin Train Station, this property is surrounded by a mix of industrial, commercial, and residential developments. Local cafes, retail, and parklands further enhance the amenity of this tightly-held precinct.

Whether you're looking to invest, occupy, or develop, this is a unique opportunity to secure a premium asset in one of Melbourne's most dynamic and rapidly evolving locations.

For further information or to arrange an inspection, please contact the exclusive listing agents.