Information Memorandum - Unit 13/417 Warrigal Road, Moorabbin

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Unit 13/417 Warrigal Road, MOORABBIN INFORMATION MEMORANDUM SALE BY PUBLIC AUCTION FRIDAY 26TH OCTOBER 2018 AT 1PM ONSITE

crabtrees.com.au/18162 INFORMATION MEMORANDUM | 1 JOHN STREET, CLAYTON

Built on knowledge. 1


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INFORMATION MEMORANDUM | UNIT 13/417 WARRIGAL ROAD, MOORABBIN


CRABTREES REAL ESTATE ARE EXCITED TO OFFER FOR SALE:

Unit 13/417 Warrigal Road, Moorabbin SALE BY PUBLIC AUCTION FRIDAY 26TH OCTOBER 2018 AT 1PM ONSITE INFORMATION MEMORANDUM | UNIT 13/417 WARRIGAL ROAD, MOORABBIN

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Introduction Unit 13/417 Warrigal Road, Moorabbin is a versatile high exposure showroom office ideal for both owner occupiers and investors. Key features of the property include: • 2 levels of quality airconditioned showroom & offices • 12 car spaces on title • Ability to split into 2 tenancies • Offered with vacant possession • Excellent signage potential (STCA)

Chris McKenzie 0418 321 065 chris@crabtrees.com.au

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Rodney King 0422 839 870 rodney@crabtrees.com.au

Niki Drendel 0411 650 185 ndrendel@crabtrees.com.au

INFORMATION MEMORANDUM | UNIT 13/417 WARRIGAL ROAD, MOORABBIN


Executive Summary Property Address

Unit 13/417 Warrigal Road, Moorabbin VIC 3189

Method of Sale

Public Auction

Property Overview

Superb showroom office ideal for for both owner occupiers and investors.

Building Area

488m²*

Land & Title Particulars

Lot 13 on Strata Plan 033853F, Volume 09922 Folio 403 The Title and site plan is included in Appendix 1

Zoning

The land is zoned Industrial 1 under the City of Kingston Planning Scheme allowing for a broad range of potential uses.

Tenant

Vacant Possession

Terms of Sale

10% deposit payable with full settlement payable 30 - 60 days.

*All sizes and amounts are approximate. The vendor and their agents do not hold themselves responsible for errors, omissions and discrepancies, if any, in these particulars which have been compiled to the best of their ability, but are not guaranteed.

INFORMATION MEMORANDUM | UNIT 13/417 WARRIGAL ROAD, MOORABBIN

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Property Overview HIGH EXPOSURE SHOWROOM/OFFICE This impressive property appears in excellent condition, as it has been well maintained both inside and out. There is a modern floating timber floor throughout the ground level with as new carpets to the first floor. The whole property is air-conditioned and heated with high speed data cabling as well as multiple 3 phase power outlets. The exposure fronting onto Warrigal Road is unsurpassed, which would suit a variety of businesses and the signage potential is excellent (STCA). There is excellent parking out the front for staff and customers as well as car spaces to the rear with 12 spaces in total. The property benefits from an abundance of natural light filling the space from the windows across the front and the rear windows to the first floor. The property has the ability to be split into two separate tenancies both with amenities and kitchenette providing exceptional versatility. As an owner occupier you can occupy part and lease out the other or split into two and lease both separately.

*All sizes and amounts are approximate. The vendor and their agents do not hold themselves responsible for errors, omissions and discrepancies, if any, in these particulars which have been compiled to the best of their ability, but are not guaranteed.

INFORMATION MEMORANDUM | UNIT 13/417 WARRIGAL ROAD, MOORABBIN

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Introduction Location The subject property is prominently located in Moorabbin, one of South Eastern Metropolitan Melbourne’s most recognisable commercial locations. The subject property is in an excellent location on busy Warrigal Road near the corner of Keys Road close to South Road, Nepean Highway and Southland Shopping Centre.

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In the heart of Moorabbin opposite Hungry Jacks, Repco, Shell, Coles Express, McDonalds and surrounded by many more major retailers including Savers, Fantastic Furniture and Middy’s.

INFORMATION MEMORANDUM | UNIT 13/417 WARRIGAL ROAD, MOORABBIN


Zoning The subject property is zoned Industrial 1 under the City of Kingston Planning Scheme, according to the most recent Victorian zoning information available.

Method of Sale Auction Unit 13/417 Warrigal Road, Moorabbin is being offered by Auction on Friday 26th October 2018 at 1pm onsite.

Access to the property will be available from 12:30pm on Auction day, however you can book a private inspection prior by contacting Rodney King on 0422 839 870, Chris McKenzie on 0418 321 065 or Niki Drendel on 0411 650 185.

INFORMATION MEMORANDUM | UNIT 13/417 WARRIGAL ROAD, MOORABBIN

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Terms of Sale The property is offered for sale on the basis of: Deposit: 10% of the agreed purchase price payable upon signing the Contracts of Sale. Settlement: The Vendor will require full settlement of the sale upon 30 - 60 days from date of Exchange of Contracts.

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INFORMATION MEMORANDUM | UNIT 13/417 WARRIGAL ROAD, MOORABBIN


Summary This is an excellent opportunity for both owner occupiers and investors to purchase an outstanding high profile property on busy Warrigal Road in the heart of Moorabbin. Located near the corner of Keys Road opposite Hungry Jacks, Repco, Shell, Coles Express, McDonalds, Savers, Fantastic Furniture and Middy’s that can be split into two tenancies to be sold with vacant possession.

INFORMATION MEMORANDUM | UNIT 13/417 WARRIGAL ROAD, MOORABBIN

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Annexure 1 Title & Plan of Subdivision

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INFORMATION MEMORANDUM | UNIT 13/417 WARRIGAL ROAD, MOORABBIN


Copyright State of Victoria. This publication is copyright. No part may be reproduced by any process except in accordance with the provisions of the Copyright Act 1968 (Cth) and for the purposes of Section 32 of the Sale of Land Act 1962 (Vic) or pursuant to a written agreement. The information is only valid at the time and in the form obtained from the LANDATA REGD TM System. The State of Victoria accepts no responsibility for any subsequent release, publication or reproduction of the information. REGISTER SEARCH STATEMENT (Title Search) Transfer of Land Act 1958 -------------------------------------------------------------------------------VOLUME 09922 FOLIO 403 Security no : 124073960359J Produced 17/09/2018 12:27 pm LAND DESCRIPTION ---------------Unit 13 on Strata Plan 033853F and an undivided share in the common property for the time being described on the plan. PARENT TITLE Volume 09837 Folio 689 REGISTERED PROPRIETOR --------------------Estate Fee Simple Sole Proprietor TERLAGE PTY LTD of 499 ST KILDA ROAD MELBOURNE 3000 P739205X ENCUMBRANCES, CAVEATS AND NOTICES --------------------------------COVENANT (as to whole or part of the land) in instrument 2457704 Any encumbrances created by Section 98 Transfer of Land Act 1958 or Section 12 Strata Titles Act 1967 and any other encumbrances shown or entered on the plan set out under DIAGRAM LOCATION below. DIAGRAM LOCATION ---------------SEE SP033853F FOR FURTHER DETAILS AND BOUNDARIES ACTIVITY IN THE LAST 125 DAYS ----------------------------NIL ------------------------END OF REGISTER SEARCH STATEMENT-----------------------Additional information: (not part of the Register Search Statement) Street Address: UNIT 13 417-419 WARRIGAL ROAD CHELTENHAM VIC 3192 OWNERS CORPORATIONS ------------------The land in this folio is affected by OWNERS CORPORATION PLAN NO. SP033853F DOCUMENT END

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Oakleigh 20-22 Atherton Road 03 9567 8888

Built on knowledge. 20

Dandenong 1/11-15 Smeaton Avenue 03 8795 4888

INFORMATION MEMORANDUM | UNIT 13/417 WARRIGAL ROAD, MOORABBIN


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