696 South Road, Moorabbin, VIC 3189 | Property Value & History | OnTheHouse
OFF MARKET

696 South Road
Moorabbin VIC 3189

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1194m2
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Property Details for 696 South Rd, Moorabbin

Building Type
Commercial
Land Size
1194m2
Local Government
Kingston
Lot/Plan
3/LP52911

Last Listing description (September 2025)

Held by the same owner since new, these 3 premises on one substantial site promise rewards for owner-occupiers, investors & developers alike. Just off Warrigal Rd at the gateway to the Dandenong By-Pass, this high-visibility property is flexibly tenanted with excellent scope to renegotiate. See the scope to grow business over 3 separate premises. Re-negotiate with existing tenants. Or look to the future with a clever refurbishment or all-new redevelopment.

- 3 separately rated premises on 1194sqm*
- currently fully rented on flexible terms, scope to renegotiate
- offered for the first time since-built, huge potential to add value
- 1194sqm* site to reward well into the future with scope to redevelop
- currently fully rented on flexible terms with scope to renegotiate
- 9-car apron parking
- good on-street parking including designated truck-parking area
Premises 1+2: total 655sqm* including mezzanine
- direct streetfront and side entries, streetfront office

Premises 2
- storage area

Premises 3: 196sqm*

- office with mezzanine storage above
- city-wide launching-pad location adjacent Warrigal Rd and Dingley By-Pass
- access routes to the M1, Eastern and Peninsula Link Freeways

- adjacent Moorabbin Super Centre (Bunnings, Total Tools, Vic Roads, RSEA Safety)

- a minute to Morris Moors hospitality, childcare and workspaces
- 5 minutes to Peninsula Link Fwy
- 10 minutes to M1 access

- 22 minutes to Dandenong
- 35 minutes to the CBD via the M1

- 50 minutes to Tullamarine Airport

Expression of Interest

Closing 12th September 2024 at 3.00pm

Head South for 3-in-1 value, value-adding potential & an invaluable location for business & growth.

*NB All prices exclude GST unless otherwise stated and all sizes are approximate.

"A vision for tomorrow requires a strategy today. Dive into the future with DBRE."

The core focus of DBRE is industrial, commercial and retail property.

Between us we offer over 85 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's southeast corridor.

Property History for 696 South Rd, Moorabbin, VIC 3189

A timeline of how this property has performed in the market
Last Sold
$1,800,000
18 Oct 2024
  • 18 Oct 2024
    Sold for $1,800,000
  • 06 Aug 2024
    Listed for Sale Price on Application
  • 06 Dec 2012
    Transferred
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About 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.
There are currently 18 properties listed for sale, and 14 properties listed for rent in Moorabbin on OnTheHouse. According to Cotality's data, 254 properties were sold in the past 12 months in Moorabbin.

Suburb Insights for Moorabbin 3189

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.