Market Updates

March 02, 2017

KEYS CORNER SOLD

131 Keys Road, Moorabbin

SOLD $2,700,000

David Garfield of Nixon Industrial has negotiated the sale of a large office / showroom / warehouse at 131 Keys Road Moorabbin.  The property, which is located on the prime corner of Kilpa Road, was sold for $2,700,000 to an owner occupier.  With a building area of approximately 1,788sqm, this represents a price of $1,510 per square metre.  The property was sold with vacant possession.

Garfield explains that the property provides several flexible options for the new owner. “131 Keys Road has a combination of a large high-clearance warehouse, modern office facilities, and an extensive showroom.  The property includes a large side yard and several roller doors, providing a range of operating options for businesses,” he says.

Garfield continues, “There are few remaining properties of this size with high-clearance warehouse facilities and these additional features in the Moorabbin area.  These factors enabled the vendor to get a good price for the property.”

For more information, please contact David Garfield on 0412 651 661 or david.garfield@nixonindustrial.com.au