Solid investment or owner-occupier opportunity with income
This substantial property provides a unique opportunity for an owner/occupier or investor to purchase a prominent investment with significant development upside (STCA). There are currently two tenancies, with the potential to further divide the office premises for leasing purposes.
The modern office headquarters comprising 926-928 Nepean Highway and the top floor of 922-924 Nepean Highway is currently occupied by a local charity, with the organisation vacating the premises in November 2025. The ground floor of 922-924 Nepean Highway is a single level retail premises occupied by Fat Girl Thai Kitchen restaurant on a 5 + 5-year lease commencing in October 2021. Both premises have rear access with under-cover car parking.
The property is strategically positioned within a thriving commercial hub, directly opposite Moorabbin railway station. This area, with its proximity to transport and local amenity, is undergoing significant change with building heights under review and residential developments coming out of the ground.
This property is ideal for a new owner seeking to occupy the office building while benefiting from the restaurant rental. For the investor, it offers the flexibility to realise multiple income streams plus the potential for significant future development on a high-profile site (STCA).
The opportunity
> Land area 870 sqm* with total building area 1200 sqm*
> Nepean Highway frontage 28.3 m*
> Two-level office premises of 756 sqm*
> Partitioned offices & excellent staff amenities
> Separate ground-floor restaurant premises
> Restaurant lease returning $68,320 pa net + GST
> Demolition clause available from 2029
> On-site undercover car parking at rear
> Well-proportioned site with excellent mixed-use development potential (STCA).
The location
> Main road position with excellent exposure
> Located in busy commercial hub
> Abundant Council car parking adjacent to property
> Opposite Moorabbin railway station
> Minutes to Southland Westfield
> Excellent access to major arterials including EastLink
For more details contact Rory White 0439 655 604.
*Approx.
