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53 Cochranes Road
Moorabbin VIC 3189
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Sold on 6 Apr 2022

53 Cochranes Road Moorabbin VIC 3189

  • Showrooms / Bulky Goods
  • 640 m²
  • Sold

Gateway Investment on Cochranes

    Located in the heart of Moorabbin, this prime commercial showroom and warehouse located on 53 Cochranes Road Moorabbin is the ideal investment for your property portfolio.

    The property provides a generous return with a business that has been existing for around 16 years and operates within a huge growth market. It has new lease expiring in December 2024 with the current rental is $93,258.24 per annum plus most outgoings and GST.

    The property is positioned close to the reimagined Morris Moor precinct. In addition to a collection of showrooms, offices and childcare, the wonderful food and beverage offering has got to be seen to be believed.

    53 Cochranes Road has great street profile with off street parking, wide roller doors, side entry, rear yard and positing presents great current and future benefits being the most highly sought-after area in Moorabbin.

    Key features include:

    * Securely leased to Automation Plus (APC)
    * Current rental: $93,258 p.a. (tenant pays most outgoings & GST)
    * Lease expires December 2024 w/ options
    * Annual rental increases
    * Tenant has been operating for over 16 years
    * Showroom/office: 180sqm*
    * Warehouse area: 460sqm*
    * Total building area: 640sqm*
    * Please note there is a further 80sqm* undercover building area
    * Key building features include container delivery, wide span roller door (6 metres), reception area, three phase power, ducted heating / cooling, alarm and side rear area

    For further details or to arrange an inspection please contact:

    Matt Nichols 0418 186 488
    James Glen 0401 493 277

    OPEN FOR INPSECTION:
    * Friday 11th March 3pm 3:30pm
    * Thursday 17th March 3pm 3:30pm
    * Thursday 24th March 3pm 3:30pm
    * Thursday 31st March 3pm 3:30pm

    PLEASE NOTE:

    * Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

    * All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

    *All enquirers must provide a contact number if they wish to be contacted.

    AUCTION

    Auction date and time06/04/2022 14:00
    Auction location53 Cochranes Road, Moorabbin VIC

    Property Highlights

    Date Sold6 Apr 2022
    Floor Area640 m²
    Land Area1,003 m²
    ParkingAsk Agent
    Property ID2017645154
    Category
    Last updated  6 Apr 2022
    Map for 53 Cochranes Road Moorabbin VIC 3189

    Property Highlights

    Date Sold6 Apr 2022
    Floor Area640 m²
    Land Area1,003 m²
    ParkingAsk Agent
    Property ID2017645154
    Category
    Last updated  6 Apr 2022
    358 South Rd Moorabbin VIC 3189

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