SOLD
Sold on 11 Apr 2024 for $490,000

5/999 Nepean Highway
Moorabbin VIC 3189

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 7557m2
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Property Details for 5/999 Nepean Hwy, Moorabbin

Building Type
Commercial
Land Size
7557m2
Local Government
Kingston
Lot/Plan
16/PS531995

Last Listing description (November 2023)

Aston Commercial are pleased to offer Suite 5 of 999 Nepean Highway, Moorabbin for Private Sale.

Property Features:

5 consulting rooms and reception area, previously a physiotherapist

Be amongst the medical hub of Moorabbin
Work alongside Alfred Health, Gordon Medical & other practitioners

PRICED TO SELL.

Join Moorabbin's busiest medical hub with your own warm shell medical suite. The suite which neighbours anchor tenant Alfred Health features 5 consulting rooms over 121sqm, reception area, kitchenette, 3 car spaces and a storage unit. The suite benefits from ample natural light to each consulting room and ground floor location for easy access.

Located on the busy Nepean Highway, the building is seen be thousands of daily drivers and lies 16 km* from the CBD. Surrounded by thoroughfares, this space is the go-to Bayside medical hub.

Please contact Aston Commercial for more information or to arrange an inspection.

*approx

Property History for 5/999 Nepean Hwy, Moorabbin, VIC 3189

A timeline of how this property has performed in the market
Last Sold
$490,000
11 Apr 2024
  • 11 Apr 2024
    Sold for $490,000
  • 01 Jun 2023
    Listed for Sale Contact Agent
  • 19 Nov 2013
    Sold for $500,500
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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 17 properties listed for rent in Moorabbin on OnTheHouse. According to CoreLogic's data, 207 properties were sold in the past 12 months in Moorabbin.

Suburb Insights for Moorabbin 3189

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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.