MARY16 - Information Memorandum

Page 1


Crabtrees Real Estate with Transaction Management by Advise Transact are excited to offer 16 Mary Avenue, Highett for Sale via Public Auction on Wednesday 26th March at 11am.

This brilliantly presented industrial premises of 521m2* on its own title represents an amazing opportunity for Owner Occupiers or Investors to secure an immaculately clean and bright premises ready to go!

EXCLUSIVE SELLING AGENTS:

GAVIN DUMAS Partner 0411 878 423 gavin@crabtrees.com.au

LUKA MAROLT Executive 0418 364 064 lmarolt@crabtrees.com.au

SAUL AKOKA Senior Executive 0427 632 030 saul@crabtrees.com.au

Executive Summary

PROPERTY ADDRESS 16 Mary Avenue, Highett VIC 3190

METHOD OF SALE Public Auction

PROPERTY OVERVIEW

LAND AREA

BUILDING AREA

LAND & TITLE PARTICULARS

ZONING

TENANT

TERMS OF SALE

Brilliantly presented industrial premises of 521m2* positioned in tightly held Bayside location.

Lot 142 on Plan of Subdivision 009880. Volume 07478 Folio 089

The Title and site plan is included in Appendix 1

The land is zoned Commercial 2 under the City of Bayside Planning Scheme allowing for a broad range of potential uses.

Vacant Possession

10% deposit payable with full settlement payable either 30, 60 or 90 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.

Property Overview

INCREDIBLE IMMACULATE BAYSIDE FREEHOLD!

16 Mary Avenue, Highett is a freehold industrial premises located in an outstanding location within Bayside and enjoys a flexible Commercial 2 Zone.

This brilliantly presented industrial premises of 521m2* on its own title represents an amazing opportunity for Owner Occupiers or Investors to secure an immaculately clean and bright premises ready to go!

FEATURES:

• New roof & skylights with new LED lighting providing an abundance of natural light & bright warehouse

• Modern offices with new air-conditioning and quality kitchenette joinery

• Security system with cameras & back to base monitoring ability

• Contemporary facade, whitewashed warehouse walls and painted roof trusses with a gloss black finish

• To be sold Vacant Possession

Mary Avenue offers an ideal location for business characterised by reduced congestion compared to major arterial streets. With minimal traffic disruptions and noise 16 Mary Avenue, Highett will provide an efficient and enjoyable environment for business to thrive.

This is a truly rare opportunity for discerning buyers with an eye for quality and presentation positioned in a convenient Bayside location with easy access to Bay Road, Reserve Road and Nepean Highway and must be inspected to be appreciated!

*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.

Property Images

Location

The subject property is located in Highett one of South Eastern Metropolitan Melbourne’s most recognisable commercial locations.

Located in Mary Avenue just off Middleton Street and within close proximity to Bay Road, Reserve Road, Nepean Highway, South Road and Warrigal Road offering a multitude of options when it comes to connectivity and logistical access.

The location is central to Moorabbin’s industrial precinct, one of Melbourne’s most recognisable commercial industrial locations.

This suburb has undergone significant change with multiple commercial developments including Up Property’s “Morris Moor” on the corner of Cochranes Road and Chesterville Road.

Westfield Southland is situated nearby the subject property, home to major national retailers including Myer, David Jones, Harris Scarfe and Village Cinemas, fundamentally providing a wide range of amenities within the shopping precinct.

Zoning

The subject property is zoned Commercial 2 under the City of Bayside Planning Scheme, according to the most recent Victorian zoning information available allowing for a broad range of uses.

Method of Sale Auction

16 Mary Avenue, Highett is being offered for Sale via Public Auction on Wednesday 26th March at 11am.

To arrange a private inspection please contact the exclusive selling agents.

0411 878 423 gavin@crabtrees.com.au

Annexure 1

Title & Plan of Subdivision

Copyright State of Victoria. No part of this publication may be reproduced except as permitted by the Copyright Act 1968 (Cth), to comply with a statutory requirement 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. None of the State of Victoria, its agents or contractors, accepts responsibility for any subsequent publication or reproduction of the information.

The Victorian Government acknowledges the Traditional Owners of Victoria and pays respects to their ongoing connection to their Country, History and Culture. The Victorian Government extends this respect to their Elders, past, present and emerging.

REGISTER SEARCH STATEMENT (Title Search) Transfer of Land Act 1958

VOLUME 07478 FOLIO 089

LAND DESCRIPTION

Lot 142 on Plan of Subdivision 009880.

PARENT TITLE Volume 05422 Folio 306 Created by instrument 2345438 29/09/1950

REGISTERED PROPRIETOR

Estate Fee Simple

Sole Proprietor

Security no : 124121689809W Produced 03/02/2025 02:25 PM

EXACTUS MAI MANAGEMENT PTY LTD of LEVEL 18 303 COLLINS STREET MELBOURNE VIC 3000

AY596961G 14/11/2024

ENCUMBRANCES, CAVEATS AND NOTICES

COVENANT 2345438 29/09/1950

Any encumbrances created by Section 98 Transfer of Land Act 1958 or Section 24 Subdivision Act 1988 and any other encumbrances shown or entered on the plan or imaged folio set out under DIAGRAM LOCATION below.

DIAGRAM LOCATION

SEE LP009880 FOR FURTHER DETAILS AND BOUNDARIES

ACTIVITY IN THE LAST 125 DAYS

NUMBER

STATUS DATE

AY471387L (E) CAVEAT Registered 07/10/2024

AY596957W (E) WITHDRAWAL OF CAVEAT Registered 14/11/2024

AY596958U (E) DISCHARGE OF MORTGAGE Registered 14/11/2024

AY596959S (E) DISCHARGE OF MORTGAGE Registered 14/11/2024

AY596961G (E) TRANSFER Registered 14/11/2024

------------------------END OF REGISTER SEARCH STATEMENT------------------------

Additional information: (not part of the Register Search Statement)

Street Address: 16-20 MARY AVENUE HIGHETT VIC 3190

ADMINISTRATIVE NOTICES

NIL

eCT Control 17849M ROBERT RICHTER & ASSOCIATES PTY LTD Effective from 14/11/2024

DOCUMENT END

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