INVEST NOW OR DEVELOP LATER (STCA)

Description

Crabtrees Real Estate are pleased to offer 12 Horscroft Place, Moorabbin for Sale.

• INVEST NOW
• CUL DE SAC LOCATION
• MULTI LEVEL DEVELOPMENT POTENTIAL (STCA)

This Moorabbin warehouse is located off Linton Street opposite the recently re-developed St Kilda Football Club training facility.

Kingston Council has rezoned the area to Activity Centre zoning (ACZ3) which allows up to 5 levels of residential development under the planning scheme (STCA).

Harvey Norman Moorabbin as well as Woolworths Supermarket and Moorabbin Railway Station is nearby.

Key features include:

+ Building area: 467sqm*
+ Site area: 669sqm*
+ Activity Centre zoning (ACZ3)
+ Up to 5 levels of residential development under the planning scheme (STCA)
+ Tenanted to The Regatta Shop until 2024, with 1 further (5) five year option
+ Current rental income of $51,168 pa net* with 4% annual increases
+ Massive investment from Kingston Council creating community parks in and around these streets

Crabtrees Real Estate is built on history, reputation and expertise.

We offer a level of knowledge others can't match.

Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!

features

  • Car Parking - Surface
  • Close to Shops
  • Close to Transport
  • Roller Door Access
  • Toilet Facilities

Moorabbin

12 Horscroft Place
CONTACT AGENT
Land Size: 669 sqm

overview

  • 1P5316
  • CONTACT AGENT
  • Industrial
  • Sold
  • 12 Horscroft Place Moorabbin VIC
  • 467 sqm
  • 669 sqm