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7 Horscroft Place, Moorabbin, VIC, 3189

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+11 Photos

+13 Photos

Properties / Buy / Victoria / Moorabbin

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Public auction on Thursday 20th October at 11:00am on site

Land Area

858 m² (*approx)

Floor Area

645 m² (*approx)

Property Type

Industrial, Retail, Hotel/Leisure, Land

Sub-type

Warehouse Showroom, Mixed Use

Terms

3 + 3 year lease

Est. Income

$70,962 p/a

Car Spaces

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2. Property Highlights

SADDLE UP TO WIN

Land area of 858 sqm*
Freehold warehouse of 645 sqm*
Activity Centre (ACZ-3)

Aston Commercial are pleased to offer 7 Horscroft Place, Moorabbin for Private Sale.

Property Features:

• Multi-level potential (STCA)

• Short-term holding income

The prized court location zoned Activity Centre Zone Schedule 3 (ACZ-3), has several developments approved including a 42 apartment site currently under construction and 100% sold with another site recently converted into parklands by the council.

This property is fabulously positioned a short walk from Moorabbin Station, moments from St Kilda Football Club Training Centre RSEA Park, Moorabbin shopping precinct and Green Point Beach at the end of South Road.

The solid warehouse of 645 sqm* is leased for $70,962 pa* on a 3 + 3 year lease from January 2022 with a clause allowing 6 months notice to the tenant to vacate.

This is an outstanding opportunity to secure a substantial freehold building in this tightly held location with flexible zoning allowing for multi-level development or future occupation.

Contact the exclusive agents to arrange your private inspection.

*approx

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