Portal
592 - 600 South Rd, Moorabbin

MODE Business Park Moorabbin

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.

Welcome to MODE Moorabbin, located at the heart of Melbourne’s established south-east.

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.

28 MINS*

Melbourne CBD

9 MINS*

Moorabbin Airport

3 MINS*

Nepean Highway

12 MINS*

Princes Highway

*Approximate

Moorabbin services a well-established south-east catchment that continues to generate demand for owner-occupier and investor warehouse space.

SOURCE: URBIS; ABS

Positioned amongst thriving industrial precincts, major transport links and lifestyle amenities

1

Commonwealth Golf Club

2

Chesterfield Road Shopping Strip

3

Morris Moor

4

Fat Bob’s Burger Bar and Grill

5

Woodfrog Bakery

6

Holey Moley Golf Club

7

Stomping Ground Brewery

8

2 Brothers Brewery

9

Moorabin Super Centre (2.3km)

10

Yarra Yarra Golf Club

11

Sandbelt Club Hotel

12

Big Pig Canteen

13

Toasted Truck and Deli - Moorabbin

14

Karkarook Park

15

RSEA Park- St Kilda Football Club

16

Moorabbin Train Station (2km)

17

Southland Shopping Centre

Investment Highlights

  • ✓ 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.

Investment Highlights

  • ✓ 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

Moorabbin Industrial Precinct: Strong Market Fundamentals in a Tightly Held Location.

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)

Our Vision for MODE Moorabbin


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