SOLD
Sold on 28 Feb 2024 for $850,000

3/136-138 Cochranes Road
Moorabbin VIC 3189

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 366m2
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Property Details for 3/136-138 Cochranes Rd, Moorabbin

Building Type
Commercial
Land Size
366m2
Local Government
Kingston
Lot/Plan
3/SP33506

Last Listing description (May 2024)

RWC Oakleigh is excited to present 3/136 Cochranes Road, Moorabbin to the market which will be offered via a public on-site and online Auction scheduled for Wednesday 28th February 2023 at 12:00 pm. This is a fantastic opportunity to purchase a fabulous property in a well maintained industrial estate. The property is being offered with a short term Lease therefore attractive to both investors and owner occupiers alike.

The property is situated just off Warrigal Road in the prime Industrial Hub of Moorabbin only a short distance from South Road, Nepean Highway and the Dingley Bypass. This property would make a perfect addition to your current investment portfolio.

Property Features:

Total building area | 288m2*
Includes ground floor office / reception area| 73m2*
Bonus mezzanine / storage area | 91m2*
Amenities | Kitchenette, wash-bay & male & female toilets
Container height roller door, 3 phase power & Alarm System
Internal warehouse clearance up to 6.7m*
Rental as of 1st March 2024 | $40,800 net
Lease expires 28th February 2025
No further options
Easy access via the Dingley Bypass, Warrigal Road, Chesterville Road & Nepean Highway
Six (6) car spaces on-title
Industrial 1 Zone (IN1Z)

Inspection times:

Monday 26th February | 4:30pm - 5:00pm
Wednesday 28th February | 11:30am - 12:00pm (Auction Day)

To register to Bid: Please visit the Anywhere Auctions website or download the app and click on the "Register to Bid" button against this property (copy link below):

https://anywhereauctions.com.au/app/property?propertyId=39589

For further information and to obtain a copy of the contract or information memorandum, please contact one of the exclusive marketing agents below:

George Kelepouris | 0425 798 677
George Ganavas | 0478 634 562

*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.

Property History for 3/136-138 Cochranes Rd, Moorabbin, VIC 3189

A timeline of how this property has performed in the market
Last Sold
$850,000
28 Feb 2024
  • 28 Feb 2024
    Sold for $850,000
  • 25 Jan 2024
    Listed for Sale Sold!
  • 19 Oct 2017
    Sold for $300,000
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About Moorabbin 3189

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:

  • The median value for Houses in Moorabbin is $1,232,499 while the median value for Units is $751,861.
  • Houses have a median rent of $650 while Units have a median rent of $590.
There are currently 13 properties listed for sale, and 16 properties listed for rent in Moorabbin on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Moorabbin.

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Contact agent
George Ganavas
Show contact details
George Kelepouris
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Ray White Commercial Oakleigh
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.