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Investment Highlights

  • Land area of approximately 2,296 m² with total building area of 2,234 m².
  • Fully tenanted across two floors and rooftop, with 13 tenants in place.
  • Prominent Nepean Highway frontage with exposure to around 64,000 vehicles daily.
  • Zoned Activity Centre Zone 1 (ACZ1), supporting diverse commercial and mixed-use development.
  • Current net annual income of approximately $600,000, with potential to increase to $650,000.
  • Excellent connectivity to Melbourne CBD, Moorabbin Station, and major arterials.

Executive Summary

Lemon Baxter is delighted to present 854–860 Nepean Highway, Hampton East—an exceptional investment and development opportunity in one of Melbourne’s most tightly held commercial corridors.
This high-profile property occupies a land area of approximately 2,296 m² with a total building area of 2,234 m², strategically positioned along the iconic Nepean Highway just 16 km from Melbourne’s CBD. The site is fully tenanted across two floors and a rooftop, generating a current net annual income of approximately $600,000, with potential to increase to $650,000 upon full leasing.
Zoned Activity Centre Zone 1 (ACZ1), the property offers significant long-term redevelopment potential, supported by strong underlying land value and exposure to approximately 64,000 vehicles daily. Its location within a thriving precinct—surrounded by premium residential developments, showrooms, and retail amenities—further enhances its investment appeal.
With excellent connectivity via Moorabbin Railway Station, major arterials, and public transport, this property represents a rare opportunity to secure a high-performing asset with future upside in a prime bayside location.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
24,047 SF
Building Class
C
NOI
$420,720
Percent Leased
95%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.97
Lot Size
0.57 AC
Frontage
77’ on Nepean Highway

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Roof Terrace
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 614 SF
  • Office
  • -
  • Now

This suite within the Hampton East Business Centre offers a well-presented, cost-effective office solution in a high-visibility Nepean Highway location. With an internal area of approximately 57 m², this functional tenancy delivers a balanced open-plan layout suitable for a range of professional services. Tenants benefit from affordable, competitive gross leasing terms (inclusive of outgoings), ensuring budget certainty. The building provides 24/7 secured access, undercover car parking, and an excellent retail and service amenity mix in the immediate precinct. With its prime positioning, this suite offers outstanding exposure, professional appeal, and convenience for growing businesses.

  • 1st Floor
  • 667 SF
  • Office
  • -
  • Now

This suite within the Hampton East Business Centre offers a well-presented, cost-effective office solution in a high-visibility Nepean Highway location. With an internal area of approximately 57 m², this functional tenancy delivers a balanced open-plan layout suitable for a range of professional services. Tenants benefit from affordable, competitive gross leasing terms (inclusive of outgoings), ensuring budget certainty. The building provides 24/7 secured access, undercover car parking, and an excellent retail and service amenity mix in the immediate precinct. With its prime positioning, this suite offers outstanding exposure, professional appeal, and convenience for growing businesses.

Space Size Space Use Position Available
1st Floor 614 SF Office - Now
1st Floor 667 SF Office - Now

1st Floor

Size
614 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size
667 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size 614 SF
Space Use Office
Position -
Available Now

This suite within the Hampton East Business Centre offers a well-presented, cost-effective office solution in a high-visibility Nepean Highway location. With an internal area of approximately 57 m², this functional tenancy delivers a balanced open-plan layout suitable for a range of professional services. Tenants benefit from affordable, competitive gross leasing terms (inclusive of outgoings), ensuring budget certainty. The building provides 24/7 secured access, undercover car parking, and an excellent retail and service amenity mix in the immediate precinct. With its prime positioning, this suite offers outstanding exposure, professional appeal, and convenience for growing businesses.

1st Floor

Size 667 SF
Space Use Office
Position -
Available Now

This suite within the Hampton East Business Centre offers a well-presented, cost-effective office solution in a high-visibility Nepean Highway location. With an internal area of approximately 57 m², this functional tenancy delivers a balanced open-plan layout suitable for a range of professional services. Tenants benefit from affordable, competitive gross leasing terms (inclusive of outgoings), ensuring budget certainty. The building provides 24/7 secured access, undercover car parking, and an excellent retail and service amenity mix in the immediate precinct. With its prime positioning, this suite offers outstanding exposure, professional appeal, and convenience for growing businesses.

  • Listing ID: 40126766

  • Date on Market: 4/12/2026

  • Last Updated:

  • Address: 854-860 Nepean Ave, Hampton East, VIC 3188

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