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922-928 Nepean Ave 11,528 SF 31% Leased Office Building Hampton East, VIC 3188 For Sale



Investment Highlights
- Prominent mixed-use building comprising modern office space and ground-floor retail restaurant across approx. 1,071 m² of building area.
- Strong holding income: approx. $252,191 p.a. net + GST as of October 2025 across dual tenancies.
- Central positioning opposite Moorabbin Railway Station, close to Southland Westfield and key arterials including Nepean Highway and EastLink.
- Land size: approx. 870 m² with outstanding 28.3 m frontage to Nepean Highway, offering superior visibility in a high-traffic location.
- Demolition clause from 2029 (subject to option) providing pathway for future redevelopment.
Executive Summary
The property is configured across two interconnected components. At 922-924 Nepean Highway, the ground floor houses a well-established restaurant tenancy leased on a 5 + 5-year term commencing October 2021, returning $68,320 per annum net plus GST, with a demolition clause applicable from 2029 (subject to the exercise of its option). The upper level, along with 926-928 Nepean Highway, contains a versatile two-level office facility offering approximately 736 m² of space. This office component is currently leased to Bayley House Inc. and will transition to a monthly tenancy from November 2025, generating $183,871 per annum net plus GST. Combined, these tenancies deliver a robust holding income of approximately $252,191 per annum net plus GST as of October 2025, underpinning both investment security and long-term upside.
Strategically positioned directly opposite Moorabbin Railway Station, the property benefits from proximity to major arterial connections, including Nepean Highway and EastLink, and lies just minutes from Southland Shopping Centre. Surrounded by significant infrastructure and within a precinct earmarked for higher-density re-zoning and ongoing renewal, this property represents a unique opportunity for owner-occupiers, investors, or developers seeking a premier freehold asset. With its outstanding location, mixed-use potential, and abundant on-site amenities—including rear access, undercover parking, and strong transport connectivity—this asset stands out as a blue-chip investment offering immediate returns and future redevelopment potential^ in one of Melbourne’s fastest-growing bayside corridors.
Property Facts
Amenities
- Restaurant
- Signage
- Kitchen
- Reception
- Demised WC facilities
- Natural Light
- Partitioned Offices
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
926-928 Nepean Highway in Hampton East is an office facility within an Activity Centre Zone situated on Nepean Highway, directly opposite Moorabbin Railway Station. The building comprises two levels with a gross area of approximately 736 m², offering a reception area, open-plan workspace, individual offices, and supporting amenities, complemented by undercover rear parking. It forms part of a larger holding spanning 922–928 Nepean Highway with a combined site size of approximately 870 m² and a total building size of 1,070 m².
926-928 Nepean Highway in Hampton East is an office facility within an Activity Centre Zone situated on Nepean Highway, directly opposite Moorabbin Railway Station. The building comprises two levels with a gross area of approximately 736 m², offering a reception area, open-plan workspace, individual offices, and supporting amenities, complemented by undercover rear parking. It forms part of a larger holding spanning 922–928 Nepean Highway with a combined site size of approximately 870 m² and a total building size of 1,070 m².
| Space | Size | Space Use | Build-Out | Available |
| Ground-Ste 926-928 | 3,983 SF | Office | Partial Build-Out | Now |
| 1st Fl-Ste 926-928 | 3,983 SF | Office | Partial Build-Out | Now |
Ground-Ste 926-928
| Size |
| 3,983 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 926-928
| Size |
| 3,983 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
Ground-Ste 926-928
| Size | 3,983 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
926-928 Nepean Highway in Hampton East is an office facility within an Activity Centre Zone situated on Nepean Highway, directly opposite Moorabbin Railway Station. The building comprises two levels with a gross area of approximately 736 m², offering a reception area, open-plan workspace, individual offices, and supporting amenities, complemented by undercover rear parking. It forms part of a larger holding spanning 922–928 Nepean Highway with a combined site size of approximately 870 m² and a total building size of 1,070 m².
1st Fl-Ste 926-928
| Size | 3,983 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
926-928 Nepean Highway in Hampton East is an office facility within an Activity Centre Zone situated on Nepean Highway, directly opposite Moorabbin Railway Station. The building comprises two levels with a gross area of approximately 736 m², offering a reception area, open-plan workspace, individual offices, and supporting amenities, complemented by undercover rear parking. It forms part of a larger holding spanning 922–928 Nepean Highway with a combined site size of approximately 870 m² and a total building size of 1,070 m².
Presented by
922-928 Nepean Ave
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