Colliers are pleased to present to the market for sale, 156 Cochranes Road, Moorabbin. This rare freehold Bayside investment offering is underpinned by highly functional existing improvements and a brand new five year lease to long standing tenant. Key investment highlights include: - Secure passing income of $115,750 per annum plus GST - Brand new five year lease with one five year option - 967m²* freehold site - Strong tenant covenant, operating from the site for over 25 years - Situated within arguably Melbourne’s most sought-after industrial location of Moorabbin, with immediate access to the large and affluent Bayside residential catchment. - Extremely well connected with easy access to Nepean Highway, Princes Highway and Monash Freeway via Warrigal Road. 156 Cochranes Road, Moorabbin is offered for sale via Expressions of Interest campaign closing at 4.00pm (AEDT) Wednesday, 20th November 2024. For further information on this unique opportunity, please contact the exclusively appointed agents. *Approximate **Outline indicative only
Colliers - Melbourne
Level 30, 367 Collins Street, Melbourne, Vic
Colliers - Melbourne East
Level 7, Chadstone Tower One 1341 Dandenong Rd, Chadstone, Vic
Immobiliare ID: 504718268