INDUSTRIAL FREEHOLD INVESTMENT WITH LONG TERM TENANT

Ray White Commercial (Oakleigh) is pleased to present 14-16 Roberna Street, Moorabbin by way of public Auction on Thursday 18th May 2023 at 12:00pm.

Offered for sale for the first time in 14 years, the property is located in the tightly held and sought after Moorabbin industrial precinct.

Currently tenanted to a long-standing business since 2018 (P.J.M Industrial - Specialising in light to heavy jacking equipment for the construction industry) , this property is generating a net income of $202,476 per annum plus GST plus Outgoings (including Land Tax) on a new 3 year lease with further terms.

The premises boasts a total building area of 1754m2* and sits on a land size of 2629m2*, including accessible land on the rear via private driveway. With four roller doors, high amperage power supply and excellent clearance (Max 8.8m), making it an even more attractive investment long term due to its suitability to a wide range of businesses & uses.

With 37m* of frontage to Roberna Street, the property is located in the heart of the Moorabbin Industrial Precinct with easy access to the wider Melbourne area via Warrigal Road, South Road, Chesterville Road, Nepean Hwy and the Dingley Bypass.

Don't miss out on this rare opportunity to secure a prime industrial property in Moorabbin. Contact us today to obtain further information on this property.

Property Features:

• Total land area | 2,629m2*
• Total building area | 1,754m2*
• Current income | $202,476 + GST + Outgoings (Tenant also pays Land Tax!)
• Current lease terms | Brand New 3 x 3 x 3 Years (Commenced April 2023)
• Internal warehouse clearance upto 8.8m*
• Frontage of 37m* to Roberna Street
• Side driveway with hardstand on front and rear
• Located in the heart of the Moorabbin Industrial Precinct
• Industrial 1 Zone (IN1Z)

Inspection times:

• 21st April 2023 | 1:00pm-1:30pm
• 26th April 2023 | 12:30pm-1:00pm
• 2nd May 2023 | 12:30pm-1:00pm
• 9th May 2023| 12:30pm-1:00pm
• 16th May 2023 |12:30pm-1:00pm
• 18th May 2023 (Auction Day) | 11.30am-12:00pm

For those unable to attend this highly anticipated Auction, it will also be held online via anywhereauctions.com.au of which you will be able to bid from the comfort of your home or office.

To Register to Bid Online: Please visit the Anywhere Auctions website or download the app and click on the "Register to Bid" button against this property:

https://anywhereauctions.com.au/app/property?propertyId=32169

Ryan Amler | 0401 971 622
George Ganavas | 0478 634 562

*All areas and figures are approximate only. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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