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1000 Nepean Highway
Moorabbin VIC 3189
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Sold on 27 Dec 2019

1000 Nepean Highway Moorabbin VIC 3189

  • Shop & Retail
  • 4,376 m²
  • Sold

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:

Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655

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

Property Highlights

Date Sold27 Dec 2019
Floor Area4,376 m²
Land Area3,485 m²
EnergyAsk Agent
ParkingOn site parking available
Property ID2015799165
Category
Last updated  2 Nov 2021
Map for 1000 Nepean Highway Moorabbin VIC 3189
Savills Melbourne
Savills Melbourne
Level 29, South Tower, 80 Collins Street,
Melbourne, VIC 3000

Property Highlights

Date Sold27 Dec 2019
Floor Area4,376 m²
Land Area3,485 m²
EnergyAsk Agent
ParkingOn site parking available
Property ID2015799165
Category
Last updated  2 Nov 2021

Listed by

Benson Zhou
Benson Zhou
Savills Melbourne
Call
0458 488 888

More about 1000 Nepean Highway Moorabbin VIC 3189

1000 Nepean Highway Moorabbin VIC 3189 is categorized as Shop & Retail Property. It has a floor area of 4,376 m² and a land area of 3,485 m². The listing ID for this property is 2015799165.

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