292-294 Chesterville Road Moorabbin VIC 3189

RARE LAND HOLDING WITH FANTASTIC POTENTIAL

FIRST TIME OFFERED IN OVER 40 YEARS
INVEST / OCCUPY/ REDEVELOP STCA

Tsimos Commercial is delighted to offer this brilliant freehold for sale.

Opportunities like this don't come around very often. Small and large developers this has huge potential and could be one of the last sites like this in Moorabbin.

Perfectly located in one of Moorabbin's best and high profile locations this property ticks so many boxes. Investors you have sitting tenancies, Occupiers and Developers you have monthly leases and early termination clauses. This property offers so many possibilities and will suit a variety of buyers.

Property Features:
* Land 2,826m2 Approx
* Building 2,476m2 Approx
* Substantial frontage to Chesterville Rd, circa 36m*
* Industrial 1 Zoning
* Multiple Tenancies
* Huge development opportunity (STCA)

Tenancy Details:
Unit 1/292
AGS LED Lighting
Rental $31,140 per annum
Monthly Tenancy

Unit 2/292
Ascend Business Pty Ltd
Rental $43,800 per annum
Current lease Period 1/03/2024 - 28/02/2027
Two further options of three years each
(Early Termination Clause Available)

294
Continuous Recall Corporation Pty Ltd
Rental $63,636 per annum
Current lease Period 19/10/2022 - 18/10/2027
One further option of five years
(Early Termination Clause Available)

For further information or to arrange an inspection, please contact the exclusive selling agents.
Matt Brown 0418 599 486
Andrew Pannam 0433518 555