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3 Exley Drive, Moorabbin, VIC 3189

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3 Exley Drive, Moorabbin, VIC 3189

3 Exley Drive, Moorabbin, VIC 3189

Properties / Sold / Victoria / Moorabbin
Development Potential

1. Property Summary

Property Type
Residential
Land Area
952 m² (*approx)
Selling Method
EOI: Contact Agent
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2. Property Highlights

Activate the Potential

Kingston City Council's has identified 3 Exley Drive, Moorabbin and the immediate surrounding Moorabbin West Mixed Use precinct as the ideal high density residential/commercial precinct.

This strategic site and location is ideal for any developer that wants to develop it's higher and better use, highlighted by the following:

* Expansive land area: 952sqm* (approx.)

* Over 77m* of frontage to Exley Drive & Ewar Street

* Activity Centre zoning (ACZ3)

* Perfect for residential and commercial development over multiple levels

* Holding income of $69,915 p.a. (net)

* 5 tenancies with final lease expiry in 2023 (no options)

* Classic and functional existing brick warehouse for ongoing income & potential retainment in development (STCA)

* Strong support from Kingston Council with the Urban Design Framework established to guide future redevelopment and transformation of the Moorabbin West Precinct

* Council is a major land-owner in this precinct and wants to see higher and better uses plus better connectivity into the activity centre

* Close proximity to major services of Moorabbin train station, Woolworths supermarket and retail amenity

* Wonderful local community facilities including $30 million redevelopment of the St Kilda Football Club and surrounding parkland.

For further details or to arrange an inspection please contact:

Julian Vautin 0420 406 660

Matt Spicer 0448 567 403

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Residential
Land Area
952 m² (*approx)
Selling method
EOI: Contact Agent

2. Property Highlights

Activate the Potential

Kingston City Council's has identified 3 Exley Drive, Moorabbin and the immediate surrounding Moorabbin West Mixed Use precinct as the ideal high density residential/commercial precinct.

This strategic site and location is ideal for any developer that wants to develop it's higher and better use, highlighted by the following:

* Expansive land area: 952sqm* (approx.)

* Over 77m* of frontage to Exley Drive & Ewar Street

* Activity Centre zoning (ACZ3)

* Perfect for residential and commercial development over multiple levels

* Holding income of $69,915 p.a. (net)

* 5 tenancies with final lease expiry in 2023 (no options)

* Classic and functional existing brick warehouse for ongoing income & potential retainment in development (STCA)

* Strong support from Kingston Council with the Urban Design Framework established to guide future redevelopment and transformation of the Moorabbin West Precinct

* Council is a major land-owner in this precinct and wants to see higher and better uses plus better connectivity into the activity centre

* Close proximity to major services of Moorabbin train station, Woolworths supermarket and retail amenity

* Wonderful local community facilities including $30 million redevelopment of the St Kilda Football Club and surrounding parkland.

For further details or to arrange an inspection please contact:

Julian Vautin 0420 406 660

Matt Spicer 0448 567 403

PLEASE NOTE:

* Inspections are carried out in accordance with strict Covid-19 Directions. For further details contact the Estate Agent.

* All information and measurements are approximates. All images subject to copyright. Unauthorised use is strictly prohibited.

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

3 Exley Drive, Moorabbin, VIC 3189

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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3 Exley Drive, Moorabbin, VIC 3189 Moorabbin