2 Capella CrescentMoorabbin VIC 3189
Property Details for 2 Capella Cres, Moorabbin
Last Listing description (June 2019)
Ray White Commercial Oakleigh is delighted to offer for sale by way of public auction on Wednesday 8th May 2019, this exceptional stand-alone industrial property located on the corner of Capella Crescent and Trent Street right in the heart of Moorabbin's industrial precinct.
Leased to Orange Automotive Group Pty Ltd (trading as Bright Star Motors) in 2018 on a 5 + 5 year lease plus attractive 3% fixed annual increases, this corner freehold investment also boasts a total building area of 495m2 approx, dual roller door access and not to mention being located in one of the south-east's most highly sought after locations.
Inspection a must!
5 + 5 Year Lease commenced February 2018
Current Rental | $56,650 p/a net
Security Bond | $15,125
3% Fixed Annual Increases
Property Details:
Total land area | 605m2 approx
Total building area | 495m2 approx
Includes office area | 23m2 approx
Rare corner building with dual roller door access
Industrial 1 Zone (IN1Z)
Paul Rizzo - 0418 688 888
Theo Karkanis - 0431 391 035
Property History for 2 Capella Cres, Moorabbin, VIC 3189
- 28 May 2019Sold for $1,155,000
- 01 Apr 2019Listed for Sale Under Offer
- 04 Sep 2017Listed for Rent $56,400 / year
Recent sales nearby
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0About Moorabbin 3189
The size of Moorabbin is approximately 4.6 square kilometres. It has 5 parks covering nearly 4.2% of total area. The population of Moorabbin in 2016 was 5895 people. By 2021 the population was 6287 showing a population growth of 6.6% in the area during that time. The predominant age group in Moorabbin is 30-39 years. Households in Moorabbin are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Moorabbin work in a professional occupation.In 2021, 68.00% of the homes in Moorabbin were owner-occupied compared with 68.80% in 2016.
Moorabbin has 5,614 properties. Over the last 5 years, Houses in Moorabbin have seen a 20.70% increase in median value, while Units have seen a 20.50% increase. As at 31 December 2025:
- The median value for Houses in Moorabbin is $1,349,014 while the median value for Units is $801,930.
- Houses have a median rent of $695 while Units have a median rent of $595.
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