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24 Roberna Street
Moorabbin VIC 3189
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Sold on 30 Jun 2023

24 Roberna Street Moorabbin VIC 3189

  • Factory, Warehouse & Industrial
  • 851 m²
  • Sold

Good Things Come in Threes

    AUCTION FRIDAY 30TH JUNE AT 12PM ON SITE

    Nichols Crowder is proud to present to the market via Public Auction 24 Roberna Street, Moorabbin.

    Comprising of three (3) warehouses under a single title, 24 Roberna Street, Moorabbin certainly grabs your attention. It gets even more interesting as two (2) of these units are currently under monthly tenancy providing opportunity for part owner occupation. Being sold as a going concern, GST is not payable on top of the purchase price.

    It is now seen as trendy to have an older style warehouse in Moorabbin, assisted by the gentrification of the area with new uses bringing in a different demographic and a demand for different requirements.

    The new Mordialloc Freeway system has had an immediate impact on logistic efficiencies in Moorabbin as well as increased the catchment for attracting new staff, opening up accessibility to Moorabbin.

    Key features include:

    * Three (3) warehouses on one (1) title
    * All three (3) tenanted, two (2) on month to month
    * Total net income: $83,000 p.a. (net) as of September 2023
    * Total building area: 851sqm*
    * Roberna Street frontage: 18.2m*
    * Industrial 1 zone

    UNIT 1
    * Total building area: 312sqm*
    * Single crossover
    * Two (2) car spaces
    * Front loading RSD
    * Leased to The Custom Food Co
    * Rental $33,000 p.a. (net) approx. as of August 2023
    * Lease term five (5) years + five (5) years option

    UNIT 2
    * Total building area: 221sqm*
    * Shared crossover (with Unit 3)
    * Leased to Euro UPVC (month to month)
    * Rental $22,713 p.a. (net)

    UNIT 3
    * Total building area:
    * Shared crossover (with Unit 2)
    * Leased to Euro UPVC (month to month)
    * Rental $27,288 p.a. (net)

    For further details or to arrange an inspection please contact:

    Matt Nichols 0418 186 488
    Andrew Pannam 0433 518 555

    OPEN FOR INSPECTION:
    Thursday 1st June 12:00pm - 12:30pm
    Thursday 8th June 1:00pm - 1:30pm
    Thursday 15th June 12:00pm - 12:30pm
    Wednesday 21st June 12:00pm - 12:30pm
    Wednesday 28th June 12:00pm - 12.30pm
    Friday 30th June 11:30am - 12.00pm - Pre Auction

    PLEASE NOTE:
    * All information and measurements are approximates. Please refer to Contract of Sale and/or Lease documentation. All images subject to copyright. Unauthorized use is strictly prohibited.

    AUCTION

    Auction date and time30/06/2023 12:00
    Auction location24 Roberna Street, Moorabbin VIC
    Nichols Crowder Property Moorabbin
    Nichols Crowder Property Moorabbin
    358 South Rd
    Moorabbin, VIC 3189

    Property Highlights

    Date Sold30 Jun 2023
    Floor Area851 m²
    Land Area1,317 m²
    ParkingAsk Agent
    Property ID2018554097
    Category
    Last updated  30 Jun 2023
    Map for 24 Roberna Street Moorabbin VIC 3189
    Nichols Crowder Property Moorabbin
    Nichols Crowder Property Moorabbin
    358 South Rd
    Moorabbin, VIC 3189

    Property Highlights

    Date Sold30 Jun 2023
    Floor Area851 m²
    Land Area1,317 m²
    ParkingAsk Agent
    Property ID2018554097
    Category
    Last updated  30 Jun 2023

    Listed by

    Matt Nichols
    Matt Nichols
    Nichols Crowder Property Moorabbin
    Call
    0418 186 488

    More about 24 Roberna Street Moorabbin VIC 3189

    24 Roberna Street Moorabbin VIC 3189 is categorized as Factory, Warehouse & Industrial Property. It has a floor area of 851 m² and a land area of 1,317 m². The listing ID for this property is 2018554097.

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