2/23 Alex Ave, Moorabbin is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 164m2. While the property is not currently for sale or for rent, it was last sold in May 1996.
AMAZING OPPORTUNITY
FREE HOLD AND 5 DAY BUSINESS TO BE SOLD AS ONE - GOING CONCERN * FULLY FITTED OUR SANDWICH BAR AND COMMERCIAL KITCHEN * PERMIT TO SEAT 16 * HIGH PROFILE EXPOSURE * PERFECT FOR OWNER OCCUPIER OR INVESTOR CENTRALLY LOCATED IN THE HEART OF MOORABBIN'S INDUSTRIAL PRECINCT, THIS SANDWICH BAR/DINER HAS BEEN OPERATING FOR OVER 17 YEARS BY THE ONE OWNER. TOGETHER WITH THE PREMISES (APPROXIMATELY 1730FT) THIS GOING CONCERN IS A TREMENDOUS OPPORTUNITY FOR BOTH ONGOING INCOME AND CAPITAL GROWTH.
The size of Moorabbin is approximately 4.6 square kilometres. It has 5 parks covering nearly 4.2% of total area. The population of Moorabbin in 2011 was 5,282 people. By 2016 the population was 5,897 showing a population growth of 11.6% in the area during that time. The predominant age group in Moorabbin is 30-39 years. Households in Moorabbin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moorabbin work in a professional occupation. In 2011, 74.3% of the homes in Moorabbin were owner-occupied compared with 68.8% in 2016.
Moorabbin has 5,527 properties. Over the last 5 years, Houses in Moorabbin have seen a 16.42% increase in median value, while Units have seen a 13.57% increase. As at 31 October 2024:
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