MAIN ROAD INVESTMENT IN BAYSIDE HOTSPOT

Teska Carson is pleased to present 486 South Road, Moorabbin for sale via Public Auction on Friday 14 June 2024 at 12pm on-site. The property is well located and is directly next door to the Holmesglen Private Hospital and within a vibrant surrounding retail strip. The key highlights of the opportunity include: - Income of $56,328 p.a. plus GST and Outgoings - Lease expires in October 2025 with options - Annual CPI rent reviews - Rectangular 254m2* landholding zoned Commercial 1 and boasting a 9.3 metre* frontage and rear access - Potential for further development (STCA) - As well as the Holmesglen Private Hospital, the immediate location benefits from amenities in close vicinity including major arterial routes and recreational facilities, whilst being situated approximately 17 kilometres from the CBD For further information or to arrange an inspection, please call. *approx.