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Development/Land For Sale or For Lease found in MOORABBIN, VIC 3189

Properties located in the surrounding suburbs


Development/Land (Residential, Medical, Retail, Showrooms, Offices)

CVA are proud to offer 293 Bay Road, Cheltenham via private sale.

This outstanding property provides the successful purchaser with multiple options for commercial/residential development, owner occupation or invest and land bank for the future. The property comprises a 3 bedroom home on a generous 631m2* of land that is currently leased as a residential tenancy for $400* per week providing immediate income to the successful purchaser.
The subject property benefits from:
- 18m* frontage to Bay Road
- Endless possibilities given its Mixed-Use Zoning
- Exempt from the Special Building Overlay relating to flood inundation
- Excellent precedent for 3 level apartment project with 277 Bay Rd "Sphere Apartments" approved and on the market
- Prominent exposure for a commercial / medical premises with the current improvements or multi-level apartments (STCA).
- A planning amendment (C150) promoting this site for commercial use should the purchaser wish to take advantage of 17,000 passing cars daily (Vic roads data 2016).
The subject property is conveniently located on Bay Road which has recently experienced significant residential and commercial development. The site is further enhanced by its close proximity to Nepean Highway and Bluff Road, as well as Southland Shopping Centre (1.7kms* away), Cheltenham Train Station (2.8kms* away), Sandringham Beach (3kms away), and well known businesses including Creative Garden Early Learning Centre, Aldi, Fitness First, DOMO, Moor Room Self Storage, iSelect and Bridgestone Tyres.

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Price Contact Agent
Land 631m²
Occupancy Vacant
Property ID 265361



Savills is delighted to offer for sale 31-35 Nicholson Street, Bentleigh.
This is an incredible opportunity to purchase a substantial development site in the heart of Bentleigh, close to all forms of lifestyle amenity and public transport.
Key attributes are as follows:
- Large corner site of 1,626sq m*
- Extensive frontage to Nicholson Street and Hamilton Street
- Residential Growth Zone 1
- Located within the McKinnon Secondary College Zone
- An unbelievable location just metres from the Centre Road Retail Strip, complimented by a full array of retail and lifestyle amenity
- Direct proximity to the newly redeveloped Bentleigh Train Station, with Centre Road level crossing removal and submerging of train line
31-35 Nicholson Street, Bentleigh is For Sale by Expressions of Interest closing Wednesday 1 November at 2pm.
For further information, please contact:
Julian Heatherich - 0412 995 655
Jesse Radisich - 0402 085 702
Benson Zhou - 0458 488 888

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Price: EOI Closing Wednesday 1 November at 2pm    Land: 1626m²    Occupancy: Vacant



Savills is delighted to offer for sale this magnificent development site situated in a highly sought after position just metres from the bustling Highett Road retail precinct. This property represents a fantastic opportunity to acquire a prime corner development site within the rapidly evolving and highly sought after suburb of Highett with a recently approved permit for a striking boutique development of 25 apartments. The key attributes of this fantastic property include:
- Prime corner landholding of 1,246 sqm*
- Prominent frontages to Graham Road and Highett Grove
- General Residential Zone 1
- Recently approved permit for 25 apartments designed by ‘Bruce Henderson Architects’
- Direct proximity to an abundance of retail amenity on the Highett Road retail strip, as well as the major Westfield Southland Shopping Centre
- Within walking distance of Highett Train Station and various bus routes
- Surrounded by some of Melbourne’s best private schools
- A high quality, permit approved development opportunity designed by renowned architects
The opportunity to secure such a prime development site in this highly regarded suburban
location is incredibly rare, especially when you consider the proximity to quality retail amenity, public transport, size of the site, successful surrounding developments and planning approval for a spectacular bouqtiue apartment project. 32-34 Graham Road, Highett is For Private Sale For further information, please contact: Julian Heatherich - 0412 995 655 Jesse Radisich - 0402 085 702 Benson Zhou - 0458 488 888

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Price: For Private Sale    Land: 1246m²    Occupancy: Vacant



Savills and Beller Commercial are delighted to offer for sale 669-673 Centre Road, Bentleigh East. 669-673 Centre Road represents a rare and highly sought after opportunity to acquire a boutique development site in an outstanding location, with the benefit of an approved permit for a fantastic residential development providing 39 apartments + retail.
The key attributes of the property include:
- Large site of 965sq m* with prominent frontage to Centre Road
- Commercial 1 Zone
- Approved permit for a boutique mixed-use project comp rising 39 quality apartments + ground level retail
- Ideally positioned within the exclusive McKinnon Secondary College Zone
- A vibrant location within the Bentleigh East retail village, comprising an IGA and numerous popular cafes and restaurants
- Close proximity to the Centre Road Bentleigh retail precinct, and Bentleigh Train Station
- Just 13km* from the CBD, with easy access via Nepean Highway
- An outstanding permit approved opportunity within a superb lifestyle position!
The opportunity to secure a boutique development site in such a highly sought after location is extremely rare,
especially when you consider the location and the approved permit in place for a magnificent apartment project. 669-673 Centre Road, Bentleigh East is For Sale by Expressions of Interest closing Wednesday 18 October at 2pm. For further information, please contact: Savills: Julian Heatherich - 0412 995 655 Jesse Radisich - 0402 085 702 Beller Commercial: Andrew Fawell - 0414 508 155 Fred Nucara - 0418 567 560 Liam Rafferty - 0421 886 655

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Price: EOI Closing Wednesday 18 October at 2pm    Land: 965m²    Occupancy: Vacant



Savills is delighted to offer for sale this superb development site located at 730-734 North Road, Ormond. Rarely is such a quality development opportunity offered to the market in such an exceptional lifestyle location.
Key attributes of this fantastic opportunity are:
- Prime mixed use development site of 1,097sq m*
- Extensive frontage of 28 metres* to North Road with valuable rear access
- Commercial 1 Zone / Neighbourhood Residential Zone 1
- A high quality development opportunity suiting a range of outcomes including mixed-use/residential/child care (STCA)
- Development scheme prepared for 100 place child care centre
- Ideally positioned next to a boutique retail strip and close to the Ormond Village retail precinct and the newly redeveloped Ormond Train Station
- Close to many premium education facilities including McKinnon Secondary College, McKinnon Primary School and Kilvington Grammar
The opportunity to secure a strategic landholding in this premium suburban location surrounded by abundant lifestyle and retail amenity and quality education facilities is sure to be highly sought after.
730-734 North Road, Ormond
is For Sale by Expression of Interest closing Wednesday 18 October at 2pm. For further information, please contact: Julian Heatherich - 0412 995 655 Jesse Radisich - 0402 085 702 Benson Zhou - 0458 488 888

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Price: EOI Closing Wednesday 18 October at 2pm    Land: 1097m²    Occupancy: Vacant


Development/Land | Other

4645 sq.m. secure yard with hardstand.
Long term tenancy available
Will suit a range of Businesses
Contact John Black 0419341986
Steve Tsimos 0418316840

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Rent: POA    Building: 3000m² - 5000m²    Land: 4640m²


Development/Land | Retail | Medical

Double fronted shop + residence
1 retail shop + 7 apartments
Approved permit with endorsed plans for mixed use development
Land area: 405 m²
8.5 m frontage to Charman Road
Located in Cheltenham's activity centre offering retail, cafes and lifestyle attractions
Short term holding income potential
Outstanding surround amenities
Nearby to Southland Shopping Centre, beach and train station
Rear lane way access
Permit details and plans available on request

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Price: Contact Agent    Building: 145m²    Land: 405m²    Occupancy: Vacant


Development/Land | Industrial

This outstanding property offers ...
* 11,691 sqm*
* C2 Zoning
* 2 Street frontages (2 separate titles)
* Short term income on existing improvements.
Be a part of this rapidly changing landscape in this fantastic Bayside precinct.
To arrange an inspection or for further information please contact:
James Davie 0412 209 696
David Bancroft 0418 318 747
Office 9532 6088
All prices exclude GST unless otherwise stated and all sizes are approximate.

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Price: POA    Building: 7768m²    Land: 11691m²    Occupancy: Vacant


Suburb Summary - Moorabbin, VIC 3189

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

Price (m²) Rent (m²) Yield
Offices $2549 $273 10.72%
Retail $1475 $203 13.76%
Industrial $2111 $110 5.19%
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.

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