3 & 3A Corr Street, Moorabbin, VIC 3189

Industrial | Offices

For Sale AUCTION

Auction: Saturday, Feb 29, 2:00 AM

  • Property ID: 354102
  • Floor Area: 425m²
  • Land Area: 658m²
  • Occupancy: Vacant
  • NBN Availability: Not Currently Available
ONE TITLE, TWO FACTORIES, TWO TENANTS ? PRIZED MULTI-TENANTED INVESTMENT

Ray White Commercial Oakleigh is delighted to offer for sale via Public Auction on 28th February 2020 at 3:00pm Onsite, this outstanding industrial investment with multiple tenants, to be sold as one.

Located in the tightly held and highly sought after Moorabbin Industrial Precint, this stand-alone property offers 19 metre* street frontage and a combined total land area of 658m2*
this prime industrial investment opportunity offers abundant flexibility with the exciting prospect of future development (STCA).

3 Corr Street, Moorabbin

- Total Building Area | 225m2*
- Including partitioned offices plus reception and boardroom over 2 levels | 100m2*
- High roller door
- On-site car spaces
- Currently returning $18,849 p/a + GST + Outgoings
- Three year Lease commenced August 2018
- No further options remaining
- Industrial 1 Zone (IN1Z)

3A Corr Street, Moorabbin

- Total Building Area | 200m2*
- Including office | 12m2*
- High roller door
- On-site car spaces
- Currently returning $20,000 p/a + GST + Outgoings
- One year Lease commenced April 2019
- Further options | Two (2) further options of One (1) Year
- Tenant has taken a further One (1) year option commencing 15/04/2020
- Industrial 1 Zone (IN1Z)

For further information please contact one of the exclusive marketing agents from Ray White Commercial:

George Kelepouris | 0425 798 677
Ryan Amler | 0401 971 622

*approx.

Moorabbin Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3000 $260 8.66%
Industrial $3174 $135 4.24%
Offices $4715 $249 5.29%
This is the average advertised price, rent and yield for Moorabbin, VIC 3189*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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