Prime Industrial Site with Income & Future Development Potential (STCA)
Nichols Crowder is pleased to present this substantial prime central Moorabbin freehold to the market.
This is a rare opportunity to acquire a strategically located freehold within the heart of Moorabbin’s tightly held industrial precinct. The property offers immediate income security, with significant long-term upside – providing the flexibility to occupy, reposition, or redevelop this highly desirable industrial site in the future (STCA).
Key Features:
*Total land area: 3,928 sqm (approx.)*
*Total building area: 2,506 sqm (approx.)*
*Secure 5-year lease expiring 15 August 2027
*No further options
*Current rental income: $180,777.36 p.a. plus most outgoings and GST
*Substantial power supply
*Three large cranes
*Secure rear hardstand yard
*Internal clearance ranging from 9.1m to 11.5m**
*Four roller doors – two fronting Sullivan Street and two providing rear hardstand/parking access
*51 on-site car parks
With its scale, location, and future development potential (STCA), this property represents a standout acquisition in central Moorabbin. Opportunities of this calibre are seldom offered – secure your position in one of Melbourne’s most sought-after industrial locations.
For further details or to arrange an inspection please contact:
NICHOLS CROWDER
David Garfield 0412 651 661
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.
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