High Return Investment
Nichols Crowder is delighted to present a secure, fully-fitted office investment in the heart of Moorabbin’s thriving commercial precinct.
Suites 105 & 106 at 999 Nepean Highway offer a combined 111sqm* of versatile office space that has been successfully operated as a boutique co-working hub for nearly 15 years. Generating a net return of 7.22% on a fully leased basis, the asset presents a strong opportunity for investors looking for stability and flexibility.
Perfectly positioned opposite Moorabbin Station and surrounded by national retailers, cafes, medical hubs and major arterials, this high-exposure investment delivers reliable income in a location with long-term capital growth potential.
Key features include:
* Combined 111sqm* office suite with excellent natural light
* Currently returning $36,097 p.a. net (approx.) with upside potential
* Six desk-based tenants + shared boardroom access
* Fully fitted offices with partitions, carpet and ducted A/C
* Three (3) secure basement car parks plus two (2) storage cages
* Well-maintained, three-level commercial building
* High visibility location near Moorabbin Station and Woolworths
* Ideal for self-managed super funds (SMSF) or passive investors
* Zoned Commercial 1 in Moorabbin’s designated Activity Centre
* GST exempt – sold as a going concern
For further details or to arrange an inspection please contact:
Cameron Williams 0412 366 565
Matt Nichols 0418 186 488
DISCLAIMER:
* All information and measurements are approximate and should not be relied upon as accurate. The stated net internal area of the premises is provided as an indicative estimate only and is not a substitute for carrying out precise measurements. Interested parties should refer to the Contract of Sale and/or Lease documentation for definitive details. All images are subject to copyright.
* By enquiring on this property you agree to receive regular property updates and marketing communication from Nichols Crowder. You may unsubscribe at any time.
