39 Genoa Street Moorabbin VIC 3189

An incredible opportunity awaits to secure a rare freehold property in the heart of Moorabbin's thriving industrial precinct. This versatile asset offers strong rental returns now, with outstanding future potential to occupy or develop (STCA).

Boasting a generous 550m² net saleable area, this property features a 200m² commercial space ideal for business operations, along with a renovated 3-bedroom residential apartment on the second floor. The apartment includes 120m² of internal living space, an 80m² external area, and a sleek ultra-modern bathroom with a double vanity, separate shower, and toilet. Complete with two secure car spaces, this property is perfect for business owners looking to operate and live under one roof.

Currently, the residential lease generates $650 per week, while the commercial space provides an approximate return of $850 per week + GST + outgoings. Previously owned by an electrical contracting business, this site holds immense potential for future development (STCA).

Don't miss this golden opportunity to secure a premium property in one of Moorabbin's most sought-after locations.

Whether you're an investor, owner-occupier, or developer, this is a rare find with endless possibilities. Act now!