Activity Centre Zone Development Site with Holding IncomeWednesday, September 19th, 2018
GrayJohnson has been appointed to sell a prime Moorabbin development site via an Expression of Interest campaign.
1 Exley Drive, Moorabbin is strategically positioned close to the intersection of Nepean Highway and South Road.
The site consists of 890 sqm approx. and is leased to Beds for Backs at an annual rental of $48,000 pa + GST. The lease expires in 2020 with no further options.
The property holds a favourable Activity Centre Zone (Schedule 3). The Structure Plan nominates a 5-level discretionary height control.
This is a well proportioned development site suitable for a boutique residential or commercial project.
It’s in a brilliant position close to specialty retail, upmarket eateries and Moorabbin train station.
The EOI campaign closes Wednesday 24 October @ 2 pm.
For more details, please contact Matt Hoath on 0418 543 714 or firstname.lastname@example.org or Rory White on 0439 655 504 or email@example.com.