35 Wren RoadMoorabbin VIC 3189
Property Details for 35 Wren Rd, Moorabbin
Last Listing description (March 2022)
Nichols Crowder is delighted to present to the market for sale via Public Auction 35 Wren Road, Moorabbin. The property is offered securely leased until 2025.
Industrial 1 zoned, the property presents a very rare opportunity for investors and land bankers to secure a standalone warehouse in a very tightly held location.
The Moorabbin Industrial Precinct has seen over 50% capital growth in some properties over the last few years alone. We anticipate that this will continue into the future.
With new infrastructure such as the new Mordialloc Freeway, Dingley Bypass and other major arterials in Nepean Highway and South Road, this location will keep going from strength to strength.
Key features include:
Leased to Johnny Metal Recycling P/L
Leased through until November 2025
Tenant has one (1) further option of four (4) years
Fixed 3% increases throughout
Market review at option
Building area: 390sqm*
Land area: 642sqm*
Street facing roller door
Clear-span warehouse
3 phase power
* Roller door access: 3.5m* W x 3.7m* H
* Classic Moorabbin Factory - They don't build these anymore!
For further details or to arrange an inspection please contact:
James Glen 0401 493 277
OPEN FOR INPSECTION:
* Wednesday 16th March 30mins prior to auction
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.
*All enquirers must provide a contact number if they wish to be contacted.
Property History for 35 Wren Rd, Moorabbin, VIC 3189
- 16 Mar 2022Sold for $1,280,000
- 18 Feb 2022Listed for Sale Contact Agent
- 13 Oct 2021Listed for Rent - Price not available
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 5,670 properties. Over the last 5 years, Houses in Moorabbin have seen a 3.22% increase in median value, while Units have seen a 13.46% increase. As at 30 April 2026:
- The median value for Houses in Moorabbin is $1,303,875 while the median value for Units is $751,124.
- Houses have a median rent of $750 while Units have a median rent of $630.
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