RWC Oakleigh is pleased to present 9 Ebden Street, Moorabbin by way of public Auction on Thursday 2nd May 2024 at 12:00pm
Situated within the heart of Moorabbin's Industrial precinct, this property boasts a prime corner position with frontages to both Ebden and Walter Streets. Moorabbin Industrial precinct is renowned for its strategic location, providing easy access to major transport routes and amenities, making it a preferred choice for businesses and property owners.
Comprising of three premises including two warehouses plus a thriving take-away. All properties are currently on fixed leases with the exception of 2/9 Ebden Street (periodic tenancy); providing flexibility should you wish to occupy part of the property.
Don't miss out on this rare opportunity. Contact us today to obtain further information on this property.
Property features:
• Total building area | 760m2*
• Total land area | 946m2*
• Corner site with frontages to Ebden & Walter St
• Opportunity to occupy and/or invest
• Current combined income | $75,816 p/a net
• Industrial 1 Zone (IN1Z)
1/9 Ebden Street, Moorabbin:
• Building area | 349m2*
• Leased to Paintwerx Autobody
• New 3 + 3 year lease from 1/4/23
• Current rental $25,000 p/a net
2/9 Ebden Street, Moorabbin:
• Building area | 343m2*
• Leased to Hampton Fencing
• Month to month tenancy
• Current rental $35,000 p/a net
9 Ebden Street, Moorabbin:
• Building area | 68m2*
• Leased as a take-away
• Leased commenced in May 2019
• 5 year option just exercised with 5 year option
• Current rental $15,816.32 p/a net
Inspection times:
• 10th April 2024 | 12:00pm-12:30pm
• 17th April 2024 | 12:00pm-12:30pm
• 26th April 2024 | 12:00pm-12:30pm
• 1st May 2024 | 12:00pm-12:30pm
• 2nd May 2024 | 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=41524
For further information or to arrange an inspection, please contact one of the exclusive marketing agents below:
Ryan Amler | 0401 971 622
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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