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.

CBRE

Level 34,

Melbourne, VIC 3000

Property Highlights

Date Sold	17 Dec 2018
Sold Price	$15,000,000
Floor Area	5,516 m²
Land Area	2.12 ha
Parking	On site parking available
Property ID	2016946434
Category	Factory, Warehouse & Industrial Development / Land Showrooms / Bulky Goods
Last updated	20 Apr 2021

Map for 648 South Road Moorabbin VIC 3189

Nearest transport* to 648 South Road Moorabbin VIC 3189

Bus

Train

The Sandbelt Club/South Rd (Moorabbin)	118 m
Alex Ave/South Rd (Bentleigh East)	149 m
Alex Ave/South Rd (Moorabbin)	156 m
Blamey St/South Rd (Bentleigh East)	160 m

*Within a 4km radius

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CBRE

Level 34,

Melbourne, VIC 3000

Property Highlights

Date Sold	17 Dec 2018
Sold Price	$15,000,000
Floor Area	5,516 m²
Land Area	2.12 ha
Parking	On site parking available
Property ID	2016946434
Category	Factory, Warehouse & Industrial Development / Land Showrooms / Bulky Goods
Last updated	20 Apr 2021

Listed by

David Aiello

CBRE

Call

+61 412 502 596

More about 648 South Road Moorabbin VIC 3189

648 South Road Moorabbin VIC 3189 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 5,516 m² and a land area of 2.12 ha. The listing ID for this property is 2016946434.