51-53 Worthing Road, Moorabbin

51-53 Worthing Road, Moorabbin comes to the market after 20+ years of generational ownership. This rare dual site opportunity is situated a short distance from schools, public transport, shopping centers and entertainment hubs.

A combined site of 1,169m2 (No.51 - 587m2, No.53 - 582m2), and zoned GRZ3 under the Kingston Planning Scheme, your dream development, either multi residential or commercial (STCA) is a reality with this east facing block, no easements or significant tree impediments.

The homes themselves (3 bedrooms, 1 bathroom) are currently tenanted, with a potential dual site rental of $550 per week, per dwelling / $1,100 per week across over the two dwellings (grossing $57,200 approx.), guaranteeing an income for the site whilst you submit planning and permit approval.

For further information, please contact Mat Suckling on 0418 880 062 / ms@realcoagents.com.au