EOI closing Thursday 10 November at 2.00 pm
> Well-proportioned dominant site of 870 sqm approx.
> Prominent exposure to Nepean Highway
> Expansive frontage of 23.8 metres approx.
> Rental income: $266,000 pa approx. (two tenants)
> Potential for medium/long term tenants
> Versatile improvements - combined building area: 1,200 sqm approx.
> Abuts substantial council carpark (side & rear) and minutes to Moorabbin train station
> Zoned: Commercial 1
> Suit investors, owner-occupiers and developers
The subject property is ideally located on the south-western side of Nepean Highway, between Henrietta and Keiller Streets, only metres from South Road.
The property is strategically positioned within a thriving commercial hub, which boasts high profile neighbours such as the CBA, Woolworths, Kathmandu, Subway, Chemist Warehouse, Anytime Fitness, TAB and Kingston Arts Centre.
The immediate area provides a diverse mix of retail, contemporary offices and high quality medium density residential. Southland Shopping Centre is also located approximately 3.6 kms away featuring 130,000 sqm of retail space (approx).
Located within the Moorabbin Activity Centre within the City of Bayside, the property has a flexible Commercial 1 zoning and is included within the (draft) Hampton East (Moorabbin) Structure Plan.
The property has excellent access to major arterials including Nepean Highway, South Road, Bay Road and EastLink. It also has easy access to public transport including train and bus services; with Moorabbin train station only minutes away.
