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Overview
Set on a rare and substantial 722sqm flat rectangular block, this double-fronted property offers exceptional development potential and immediate liveability in a prized Moorabbin locale. The standout feature of the property is its expansive 15.2m frontage combined with two crossovers, providing excellent vehicle access and versatility for multiple dwelling possibilities subject to council approval.
The existing home, which remains in functional and rentable condition, comprises three spacious bedrooms along with three separate living areas. This flexible layout supports comfortable family living and caters well to various lifestyles by offering ample space for relaxation and entertainment.
- The large, predominantly clear block presents an ideal canvas for redevelopment or extension, with no significant trees limiting possibilities.
- The inclusion of ducted heating enhances year-round comfort inside the home.
- The central bathroom and functional meals area adjoin the living zones, allowing for convenient daily living.
- Externally, a generous driveway and substantial lock-up garage ensure abundant off-street parking and secure vehicle storage.
This property is perfectly suited to a diverse range of buyers including developers, investors, builders, or families seeking a prominent landholding with promising upside. Its location places it within easy reach of local parks, sporting facilities, schools, shops, and public transport, while key hubs like Moorabbin and Highett train stations and the Southland Shopping Centre are also readily accessible.
Overall, this home offers a rare combination of immediate functionality and significant long-term potential in a sought-after area, providing a compelling opportunity to secure a valuable land parcel with various future options.
Local Market Insights
In Moorabbin, Quiet Listings observed 9 new houses entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $1,261,111. The property type mix of listed properties is predominantly Houses at 39%, followed by commercial properties (22%), and apartments (17%). The most active agency for houses in the Moorabbin area is currently Buxton Real Estate Group, representing 33% of new listings, followed by Jellis Craig with 22%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Moorabbin VIC 3189
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