This is a fantastic opportunity to acquire a quality piece of commercial real estate in a market starved of opportunities. What makes this offering all the more enticing is that the property benefits from immense exposure to South Road as well as a R.O.W along with a short term tenant making it an ideal and versatile investment!
This exceptional offering, comprising of a retail / office space, benefits from fantastic scope for future development (STCA) with many surrounding properties already having been developed giving you the confidence of the high demand in the area. The building itself is 125m2* and has on-site parking for two (2) vehicles on the rear.
The current Tenant has been in occupation since June 2020 paying a modest $1,083.33 pcm net which is heavily underlet however, this does give you the added bonus of immediate income whilst you decide on your plans for the future making this opportunity all the more appealing and one not to be missed!
The property is strategically located within the South-East corridor of Metropolitan Melbourne accessible via Nepean Highway and only 200m* from Moorabbin Station.
• Total land area | 200m2 approx • Total building area | 125m2 approx • Amenities | toilet, shower & kitchenette • Leased until 15th June 2021 returning a modest $1,083.33 pcm net • Huge Development Upside (STCA) with R.O.W • 200m* from Moorabbin Station & opposite Woolworths Supermarket • Two (2) onsite car parks on the rear • Flexible opportunity to occupy, invest or develop! • Commercial 1 Zone (C1Z)
Theo Karkanis | 0431 391 035 Ryan Amler | 0401 971 622
*All areas and figures approx only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.
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Block Size:200 m²*
*These are approximate values based on available information.
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