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SOLD

374-380 South Road, Moorabbin, VIC 3189

Properties / Sold / Victoria / Moorabbin

Development Potential

1. Property Summary

Property Type

Child/Healthcare, Residential, Mixed Use

Land Area

957 m² (*approx)

Selling Method

$AUD: Closing Thursday 30 August

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2. Property Highlights

PRIME ACTIVITY CENTRE DEVELOPMENT OPPORTUNITY

For Sale: $4,500,000 ONO

HOLDING INCOME OF $76,198 P.A
PRIME ACTIVITY CENTRE LOCATION
SIGNIFICANT DEVELOPMENT POTENTIAL

Colliers International are pleased to offer for sale a substantial parcel of land in the heart of the Moorabbin Activity Centre - 374-380 South Road, Moorabbin.
A sensationally rare opportunity to acquire a high-profile site in the heart of a Moorabbin Activity Centre. This development offering is well located at the intersection of some of Melbourne’s most sought-after suburbs in Hampton East, Brighton East, Bentleigh and Moorabbin. This site provides a developer with the opportunity to deliver an array of development types including residential, office, hotel, childcare or a combination in a mixed-use development (SCTA).

Key investment highlights are as follows:

Prime corner development opportunity of 957m²*
Activity Centre Zoning offers ultimate flexibility and 20m* height (STCA)
Current holding income of approximately $76,198 p.a*
Quality location at the intersection of Melbourne’s elite suburbs including Hampton East, Brighton East and Bentleigh
Endless development opportunities include residential, hotel, office or other (STCA)
Ideal corner frontage of over 62m* plus additional right of way ensures and efficient development footprint

This prime bayside development offering represents a remarkable opportunity to an incoming purchaser and as such Colliers International highly recommend 374-380 South Road, Moorabbin for your serious consideration.

*approx

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