239 Wickham RoadMoorabbin VIC 3189
Property Details for 239 Wickham Rd, Moorabbin
Last Listing description (August 2025)
An extraordinary investment opportunity awaits along the bustling Wickham Road in Moorabbin. On offer are three individually titled freehold properties- 239, 243, and 245247 Wickham Road- being sold together to form a commanding industrial landholding with an expansive frontage of approximately 92 metres.
Located within one of Melbourne's most tightly held commercial and industrial precincts, these properties present an exceptional opportunity for investors, developers, and land bankers. Whether you seek immediate income, future development potential, or long-term capital growth, this offering delivers on every front.
239 Wickham Road
243 Wickham Road
The largest of the three titles, this property spans approximately 2,135 sqm of land and 1,584 sqm of building area. Leased to Rexel, a national tenant, it returns $185,000 per annum net. The lease commenced in December 2022 for three years, with two further 3-year options. Ten on-site car parks provide easy access for staff and clients. This site offers a secure income stream and significant upside as the precinct evolves.
245247 Wickham Road
On a 1,176sqm land area, this property features 400sqm of building space leased to Europcar, returning $69,192 per annum. The current 5-year lease commenced in October 2020 and expires in 2025, offering the opportunity to explore new leasing terms or reposition the asset. With wide street exposure and excellent access, this site is ideal for a variety of industrial or commercial uses.
Total Land Area: 4,416sqm (approx.)
Total Building Area: 2,706sqm
I acknowledge that this advertisement provides information as a guide only. Zed Real Estate does not verify the data and makes no claims regarding its accuracy. Buyers are to perform their own due diligence. Images and floorplans are to scale and created based on the photographers' best knowledge.
Property History for 239 Wickham Rd, Moorabbin, VIC 3189
- 16 Apr 2025Listed for Sale Expression Of Interest
- 02 Aug 2023Listed for Sale $3,300,000-3,450,000
- 10 Jan 2023Listed for Rent - Price not available
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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 5,613 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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