Moorabbin services a well-established south-east catchment that continues to generate demand for owner-occupier and investor warehouse space.
SOURCE: URBIS; ABS
Target EIRR: 17.64% p.a.
(net of fees, pre-tax)
Development in Progress
Closed for Investment
MODE Business Park Moorabbin offers a unique opportunity to secure a premium industrial asset within one of Melbourne’s most tightly held bayside precincts. Strategically located 15 kilometres south-east of the CBD, this development comprises 79 commercial and industrial units — including purpose-designed micro-warehouses — engineered to meet the sustained demand for small-format industrial space in Melbourne’s established south-east.
*Some uses are subject to council approval (STCA).
The images shown are artist’s impressions, designed to illustrate the vision and architectural intent of the development. Final finishes, landscaping, and details may vary.
Prominently positioned at 592-600 South Road, Moorabbin, this project present a unique opportunity for owner-occupiers and investors to gain a coveted combination of exposure, connectivity, functionality and demand.
MODE Moorabbin presents an outstanding opportunity to secure a brand-new industrial asset within one of Melbourne’s tightly held and high-performing bayside precincts.
Comprising of 79 commercial and industrial units, including purpose-designed micro-warehouses, this development considers the demands of modern businesses and is engineered to deliver immediate performance whilst supporting long-term growth.
Melbourne CBD
Moorabbin Airport
Nepean Highway
Princes Highway
SOURCE: URBIS; ABS
Commonwealth Golf Club
Chesterfield Road Shopping Strip
Morris Moor
Fat Bob’s Burger Bar and Grill
Woodfrog Bakery
Holey Moley Golf Club
Stomping Ground Brewery
2 Brothers Brewery
Moorabin Super Centre (2.3km)
Yarra Yarra Golf Club
Sandbelt Club Hotel
Big Pig Canteen
Toasted Truck and Deli - Moorabbin
Karkarook Park
RSEA Park- St Kilda Football Club
Moorabbin Train Station (2km)
Southland Shopping Centre

✓ Outstanding connectivity
Close to Chadstone and Westfield Southland, with convenient public transport access.
✓ Quality inclusions
Air-conditioned mezzanine areas with private bathroom and kitchenette in every unit.
✓ Strong industrial demand
Continued expansion of local businesses generating sustained demand for small-format industrial units.
✓ High-performance capacities
7m clearance warehouses with 3.5m wide roller shutters for efficient vehicle access and distribution.

✓ Prominent frontage
Direct South Road frontage with ~40,000 vehicles daily and access to Nepean Hwy and Warrigal Rd.
✓ Flexible unit configurations
101–330 sqm units suited to flexi-storage, showrooms, e-commerce, and distribution.
✓ Affluent resident market
82% white-collar catchment with median house prices of $1.26M sustaining long-term demand.
✓ Room to grow
2.026 ha development site offering scale, flexibility, and strong exposure in a tightly held market.
Market snapshot
|
2× Warehouse prices nearly doubled 2019–2024, from $2,300 to $4,200 per sqm |
6% p.a. Average annual rental growth 2019–2024, with median sale prices growing ~12% p.a. |
32,260 → 36,920 2019 to 2024 Total businesses in catchment, driven by local micro and small enterprises |
|
1.1% p.a. Consistent population growth forecast across the catchment over the next 25 years |
Limited supply Only 151 units proposed across 5 projects in the next 2–3 years within the wider catchment |
82% White-collar resident catchment vs 74% across Greater Melbourne |
Source: Urbis, ABS, RP Data, VIF 2023, .id (informed decisions)