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Gross Waddell ICR - Commercial

1 / 161 Chesterville Rd Moorabbin, VIC 3189

Directions

1 / 161 Chesterville Rd,
Moorabbin, VIC 3189

Showrooms & Large Format Retail • Warehouse, Factory & Industrial • Shops & Retail

Key property information

Floor area

Zoning

Tenure type

Sold on

Gross Waddell ICR - Commercial
Andrew Greenway

Gross Waddell ICR - Commercial

Level 1, 30 Collins Street
MELBOURNE, VIC 3000
Gross Waddell ICR - Commercial
1 / 161 Chesterville Rd
Moorabbin, VIC 3189

Map of 1 / 161 Chesterville Rd

Directions

High Exposure Showroom Warehouse ideal for investors and future owner occupiers

***SOLD***

Gross Waddell ICR is delighted to offer for sale this flexible opportunity in high profile position within sought after commercial / industrial precinct close to major road networks, Westfield Southland, Moorabbin Airport and more - well suited to a number of end uses (STCA).

Property highlights include:

• Building area of 228sqm* plus 6 cars

• Current Rental of $51,051.60 p.a.* + Outgoings & GST

• Lease expiring May 2027 with no further options

• Annual 4% rent increases

• Rear RSD access

• Currently operating as a food premises / bakery with cafe

• Industrial 1 (IN1Z) zoning

For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*Approximate
STCA – Subject to Council Approval

Moorabbin, 3189 demographic data

The median household income for Moorabbin is $2,031, 7% higher than Greater Melbourne's household income of $1,901. Moorabbin has an older age profile compared to the rest of Greater Melbourne (median age 39 vs 37). Property ownership data shows 55% of property owners in Moorabbin have a mortgage.

6,287
Population
$2,031 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households

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