486A & B South Road, Moorabbin

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Thursday, 21st September 2017

Maximise The Potential

PROFILE MOORABBIN INVESTMENT

If you are looking for the perfect investment or home for your business then this building, on a high profile corner next door to Holmesglen Private Hospital and Foodworks Supermarket, is well worth a look.

This unique freehold opportunity offers a two level retail / office building which is ideal for all buyers. The property features include:

* Flexible building with 2 retail shops and 2 offices
* Gross building area: 515sqm (approx.)
* Site area: 335sqm (approx.)
* Commercial 1 zone
* Rear laneway access with onsite parking

FOR INVESTORS:
* Leases to 3 building tenants and 2 signboard agreements
* Current income: $68,164 per annum net
* Fully leased rental income estimated at $107,000 per annum net
* Landbank for future development (apartments, medical, childcare) STCA

FOR OWNER OCCUPIERS:
* Opportunity to occupy between 116sqm to 350sqm of retail and office space
* Excellent income
* Perfect for medical (look next door), food, retail and office
* Profile building and location – 40,000 cars pass the site daily

Opportunities like this are rare for any investment portfolio or business home.

For further information contact:
JULIAN VAUTIN – 0420 406 660 or julianv@nicholscrowder.com.au
NIKOLA DRENDEL – 0458 003 515 or niki@nicholscrowder.com.au

NB: All areas and measurements are approximate. All prices are plus GST, unless otherwise stated.

Put your property with the Leaders of the South East

We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.

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