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Sold on 16 Jan 2019

648 South Road Moorabbin VIC 3189

  • Factory, Warehouse & Industrial
  • 5,516 m²
  • Sold, $15,000,000

PRIME BAYSIDE DEVELOPMENT/BUSINESS OPPORTUNITY

    EXPRESSIONS OF INTEREST CLOSING THURSDAY 29TH NOVEMBER 2018 AT 4PM

    This prime 21,162sqm* (or 2.1ha) industrial 1 zoned landholding with substantial frontage to busy South Road offers irreplaceable exposure to massive traffic volumes.

    Its corner location affords a second street frontage providing safe customer & staff vehicle access, as well as truck ingress /egress.

    Currently utilised as a successful car dealership improvements on the site include 5,516sqm* of buildings/canopies plus hardstand/asphalt all used primarily for the display and storage of cars.

    + Premium location highly sought after by owner occupiers & developers
    + Rare 2ha+ landholding in an extremely tight industrial / commercial location having experienced strong growth in underlying land values
    + Substantial frontage to South Road, circa 150m*
    + Two street crossovers on Bignell Road
    + Flexible development options given the site's conventional / regular shape - development is NOT adversely affected by any easements
    + Ideally suited to industrial strata unit development OR automotive / caravan sales, equipment hire, trade sales and bulky goods (STCA)
    + Situated within a substantial residential catchment and highly skilled workforce

    *denotes approx.

    David Aiello
    CBRE Melbourne
    David Aiello
    CBRE Melbourne

    Property Highlights

    Property ID2016946434
    Date Sold16 Jan 2019
    Sold Price$15,000,000
    Floor Area5,516 m²
    Land Area2.12 ha
    ParkingOn site parking available
    Building TypePartial building
    Category
    Last updated  20 Apr 2021
    Map for 648 South Road Moorabbin VIC 3189
    Map for 648 South Road Moorabbin VIC 3189648 South Road Moorabbin VIC 3189
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    • Purchase price

      $
      15,000,000

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

    Find out your loan options

    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    David Aiello
    CBRE Melbourne
    David Aiello
    CBRE Melbourne

    Property Highlights

    Property ID2016946434
    Date Sold16 Jan 2019
    Sold Price$15,000,000
    Floor Area5,516 m²
    Land Area2.12 ha
    ParkingOn site parking available
    Building TypePartial building
    Category
    Last updated  20 Apr 2021
    CBRE Melbourne
    Level 34, 8 Exhibition Street Melbourne VIC 3000
    David Aiello
    CBRE Melbourne
    David Aiello
    CBRE Melbourne

    Ask David Aiello about this property

    David Aiello

    David Aiello

    CBRE Melbourne

    +61 *** ***
    +61 412 502 596

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