Major business precinct planned for Moorabbin site

May 25, 2018 by  

Melbourne-based developer Up Property is planning to transform the 6.27-hectare former Philip Morris manufacturing site in Moorabbin into a $100m business precinct.

The development plans include around 50,000sq m of commercial space, including landscaped gardens and parking spaces. Up Property has already obtained the planning permit for the project.

Back in 2014, Up Property purchased the 60-year-old Philip Morris’s Australian headquarters site for over $20m. The land has not been on the market since 1954 when Philip Morris purchased it.

According to Adam Davidson, managing director at Up Property, the new development will be named ‘Morris Moor’ as a thoughtful recognition to the history of the site and its significance to the local community. He also revealed that they have received “overwhelming interest” from business owners who are interested in going beyond the “typical office precinct”. These businesses are wide ranging, including coffee roasters, gymnasiums, cinemas, and indoor golf simulators.

The developer has already found new tenants for their development, such as a 140-place childcare centre called Little Learning School, a 4,140sq m furniture showroom facility, and a 6,000sq m co-warehousing facility.

Business owners who are interested in finding out more about the future Morris Moor business precinct should get in touch with leasing agents. Good ways to obtain the contact details of good agents in the area are via website, business cards, and word of mouth.