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18-22 Independence St 4,542 SF Industrial Condo Unit in Moorabbin, VIC 3189
Investment Highlights
- Comprises multiple titles within an established industrial precinct.
- Warehouse features roller door access, 3.65 m internal clearance, and three-phase power.
- Zoned Industrial 1 under the City of Kingston planning scheme.
- Combined improvements include warehouse space and a fully permitted caretaker’s residence.
- Upper-level residence includes two bedrooms, two bathrooms, and private balcony.
- Located near Morris Moor precinct with connectivity to major arterial routes and local services.
Executive Summary
The property at 18–22 Independence Street, Moorabbin, comprises multiple titles featuring a industrial facility with a ground floor clear-span warehouse and an upper-level caretaker’s residence. Zoned Industrial 1, the site provides on-site parking, secure fencing, and convenient access to the Morris Moor precinct, major arterial roads, and local amenities.
1 Unit Available
Unit 22
| Unit Size | 4,542 SF | NOI | $50,227.80 |
| Condo Use | Industrial | No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User | APN/Parcel ID | 1\PS317078 |
| Unit Size | 4,542 SF |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
| NOI | $50,227.80 |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 1\PS317078 |
Description
The property is a two-level structure consisting of a ground floor warehouse and an upper-level caretaker’s residence. The total building area is approximately 422 sqm, situated on a land parcel of 270 sqm. The ground floor warehouse measures about 206 sqm and includes roller door access, male and female amenities, and provisions for single and three-phase power. Internal clearance is approximately 3.65 meters.
The upper level is a caretaker’s residence of approximately 216 sqm with a separate entrance. It contains two bedrooms, two bathrooms, an open-plan living and dining area, a kitchen with stone benchtops, and a private balcony. The property is zoned Industrial 1 under the City of Kingston planning scheme. On-site car parking is available, and the site is secured with fencing and gates.
Sale Notes
This rare offering combines a highly functional warehouse with a fully permitted caretaker’s residence, delivering a true live/work solution in the heart of Moorabbin. Spanning 422 sqm* across two levels, the property features a 206 sqm* clear-span warehouse with roller door access, 3.65 m* clearance, and three-phase power, ensuring operational efficiency for a wide range of uses.
Above, the architecturally designed 216 sqm* residence offers premium finishes, including timber flooring, stone benchtops, and a spacious open-plan layout. Two bedrooms, including a master suite with walk-in robe and ensuite, provide exceptional comfort, while a private balcony enhances the living experience.
Positioned within the City of Kingston’s Industrial 1 Zone and just 350 m* from the vibrant Morris Moor precinct, this property offers unmatched flexibility. Available with vacant possession or a new 5-year lease to a long-standing tenant at $70,000 per annum + GST + outgoings, it represents an outstanding opportunity for both owner-occupiers and investors.
Warehouse Space
Warehouse Space
Property Facts
| Total Building Size | 6,900 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 6,900 SF |
| Property Subtype | Warehouse | Lot Size | 0.22 AC |
| Building Class | C |
| Total Building Size | 6,900 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 6,900 SF |
| Lot Size | 0.22 AC |
Amenities
- Fenced Lot
- Signage
- Automatic Blinds
- Recessed Lighting
- Air Conditioning
Presented by
18-22 Independence St
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