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Sold on 21 Sep 2017

486A & B South Road Moorabbin VIC 3189

  • Retail
  • 515 m²
  • Sold

Maximise The Potential

PROFILE MOORABBIN INVESTMENT

If you are looking for the perfect investment or home for your business then this building, on a high profile corner next door to Holmesglen Private Hospital and Foodworks Supermarket, is well worth a look.

This unique freehold opportunity offers a two level retail / office building which is ideal for all buyers. The property features include:

* Flexible building with 2 retail shops and 2 offices
* Gross building area: 515sqm (approx.)
* Site area: 335sqm (approx.)
* Commercial 1 zone
* Rear laneway access with onsite parking

FOR INVESTORS:
* Leases to 3 building tenants and 2 signboard agreements
* Current income: $68,164 per annum net
* Fully leased rental income estimated at $107,000 per annum net
* Landbank for future development (apartments, medical, childcare) STCA

FOR OWNER OCCUPIERS:
* Opportunity to occupy between 116sqm to 350sqm of retail and office space
* Excellent income
* Perfect for medical (look next door), food, retail and office
* Profile building and location - 40,000 cars pass the site daily

Opportunities like this are rare for any investment portfolio or business home.

For further information contact:
JULIAN VAUTIN - 0420 406 660 or julianv@nicholscrowder.com.au
NIKOLA DRENDEL - 0458 003 515 or niki@nicholscrowder.com.au

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.

AUCTION

Auction date and time21/09/2017 12:00
Auction location486a & B South Road, Moorabbin VIC

Property Highlights

Property ID2013809798
Date Sold21 Sep 2017
Floor Area515 m²
Land Area335 m²
ParkingAsk Agent
Category
Last updated  20 Feb 2019
Map for 486A & B South Road Moorabbin VIC 3189
Nichols Crowder Property Moorabbin
358 South Rd Moorabbin VIC 3189

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