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.
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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