7 Nellbern Road,
Moorabbin, VIC 3189
Warehouse, Factory & Industrial • Offices
Price information
Sale - Expression of Interest
Contact Agent
Key property information
Land area
Floor area
Car spaces
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Map of 7 Nellbern Road
Train stations within 5 km of 7 Nellbern Road, Moorabbin, VIC 3189 Distance Highett Station 2.4 km Moorabbin Station 2.6 km Southland Station 2.7 km Patterson Station 3.1 km Cheltenham Station 3.3 km POWERED BY HERE ©Bus stops within 5 km of 7 Nellbern Road, Moorabbin, VIC 3189 Distance The Sandbelt ClubSouth Rd 141 m Bignell Rd/South Rd (Bentleigh East) 217 m Sullivan St/South Rd (Moorabbin) 232 m Brady Rd/South Rd (Bentleigh East) 255 m Barbara St/Chesterville Rd (Moorabbin) 364 m POWERED BY HERE ©
POWERED BY HERE ©
Unique Industrial Investment
- TOTAL BUILDING AREA: 900sqm*
- GREAT FUTURE RENTAL UPSIDE
- STRONG 4% ANNUAL INCREASES
UNDER OFFER
Nichols Crowder is proud to present 7 Nellbern Rd, Moorabbin, to the market via private sale.
There's an interesting twist with this property: the current lease is holding back its ultimate value, which could be fully realised if sold with vacant possession. The value of this property will be viewed differently by owner-occupiers and investors, each having distinct objectives:
Currently returning $75,000 p/a plus outgoings & GST, the lease extends until 2027, with a further 3-year option. The current tenant has been in occupation since 2017 and is a gift and party importer - a stable industry within the Moorabbin area, offering long-term security.
Key features include:
* Total building area: 900sqm*
* Warehouse area: 665sqm*
* First floor office area: 235sqm*
* Total land area: 922sqm*
* Building height: 5m*
* Currently returning $75,000 p/a plus outgoings & GST (Market rental $90,000 p/a plus outgoings & GST)
* Lease expiry 14th April 2027
* Option 3 years
* Rent reviews – fixed 4% per annum with market upon exercise of option
* Next market rent review – April 2027
* Container height roller door dimensions: 4m* Width: 3.7m*
* Three (3) phase power
* Internal lighting
* Sky lighting
* Amenities
* Kitchenette
* Four (4) car spaces
* Generous front yard allowing container and truck accessibility
* Close proximity to major arterials allowing ease of movement around the southeast
Additionally, Nichols Crowder is offering two other properties on Nellbern Road for sale:
25 Nellbern Road: A larger 910sqm building*, offered with vacant possession.
5 Nellbern Road: A neighboring property, similar to 7 Nellbern Road, being sold with vacant possession.
For further details or to arrange an inspection please contact:
David Garfield 0412 651 6...
Matthew Duncan 0400 427 4...
Matt Nichols 0418 186 4...
OPEN FOR INSPECTION:
Tuesday 8th October 11.00am – 11.30am
Tuesday 15th October 11.00am – 11.30am
Tuesday 22nd October 11.00am – 11.30am
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease do
Nichols Crowder is proud to present 7 Nellbern Rd, Moorabbin, to the market via private sale.
There's an interesting twist with this property: the current lease is holding back its ultimate value, which could be fully realised if sold with vacant possession. The value of this property will be viewed differently by owner-occupiers and investors, each having distinct objectives:
Currently returning $75,000 p/a plus outgoings & GST, the lease extends until 2027, with a further 3-year option. The current tenant has been in occupation since 2017 and is a gift and party importer - a stable industry within the Moorabbin area, offering long-term security.
Key features include:
* Total building area: 900sqm*
* Warehouse area: 665sqm*
* First floor office area: 235sqm*
* Total land area: 922sqm*
* Building height: 5m*
* Currently returning $75,000 p/a plus outgoings & GST (Market rental $90,000 p/a plus outgoings & GST)
* Lease expiry 14th April 2027
* Option 3 years
* Rent reviews – fixed 4% per annum with market upon exercise of option
* Next market rent review – April 2027
* Container height roller door dimensions: 4m* Width: 3.7m*
* Three (3) phase power
* Internal lighting
* Sky lighting
* Amenities
* Kitchenette
* Four (4) car spaces
* Generous front yard allowing container and truck accessibility
* Close proximity to major arterials allowing ease of movement around the southeast
Additionally, Nichols Crowder is offering two other properties on Nellbern Road for sale:
25 Nellbern Road: A larger 910sqm building*, offered with vacant possession.
5 Nellbern Road: A neighboring property, similar to 7 Nellbern Road, being sold with vacant possession.
For further details or to arrange an inspection please contact:
David Garfield 0412 651 6...
Matthew Duncan 0400 427 4...
Matt Nichols 0418 186 4...
OPEN FOR INSPECTION:
Tuesday 8th October 11.00am – 11.30am
Tuesday 15th October 11.00am – 11.30am
Tuesday 22nd October 11.00am – 11.30am
DISCLAIMER:
* All information and measurements are approximates. Please refer to Contract of Sale and/or Lease do
Property ID: 504704220Last Updated: 12 Nov 2024
7 Nellbern Road
Moorabbin, VIC 3189
Nichols Crowder Property Solutions - Moorabbin358 South Road
MOORABBIN, VIC 3189
MOORABBIN, VIC 3189
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