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Savills - Melbourne

1000 Nepean Highway Moorabbin, VIC 3189

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1000 Nepean Highway,
Moorabbin, VIC 3189

Shops & Retail • Offices • Development Sites & Land

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Sold

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Savills - Melbourne
Julian Heatherich
Benson Zhou

Savills - Melbourne

Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000
Savills - Melbourne
1000 Nepean Highway
Moorabbin, VIC 3189

Map of 1000 Nepean Highway

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PRIZED TROPHY RETAIL INVESTMENT

  • 2019’s Best Retail Investment
  • Blue-Chip National Tenants
  • Net Income: $1,153,438pa*
Savills is delighted to offer for sale this extraordinary retail investment opportunity superbly occupying a prominent corner along Nepean Highway’s ‘Golden Mile’, and fully leased to blue-chip tenants Freedom and Barbeques Galore. Having undergone a recent major refurbishment, 1000 Nepean Highway, truly reflects a retail opportunity of the highest calibre.

Key attributes of this impressive opportunity include:
• A modern two level retail building of 4,376q m*
• Basement customer car parking for 65 vehicles*
• New leases to A-grade tenants Freedom (10 years) & Barbeques Galore (5 years)
• Valuable corner landholding of 3,485sq m*
• Current Net Income: $1,153,438 per annum*
• Prominent exposure to Nepean Highway & Worthing Road
• Over 60,000 vehicles^ pass by the property daily
• Over $1 million* has recently been spent on building refurbishment
• Proven retail precinct along the Golden Mile of Nepean Highway, with direct proximity to Moorabbin Homemaker Centre
• A true once in a generation investment opportunity!

*Approx. ^VicRoads

SOLD

For further information please contact:
Clinton Baxter - 0413 569 888
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...

Property ID: 503371018Last Updated: 15 Jun 2021

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Savills - Melbourne
Level 29, South Tower, 80 Collins Street
MELBOURNE, VIC 3000

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