Melbourne’s Zone Bowling Moorabbin sold for $10.2 million

Following a competitive campaign, the Zone Bowling Moorabbin site, home to Victoria’s longest-operating bowling alley, has sold for $10.2 million to Melbourne-based entertainment group General Public - known for its venues that combine tenpin bowling, arcade games, interactive darts, and golf simulators.

Located on a prominent 5,447sqm site in Moorabbin with a 90-metre frontage to Nepean Highway, the asset was sold through a highly competitive Expressions of Interest campaign run by JLL’s Dominic McGrath and Xander Yeo.

The sale reflects a strong building rate of $4,192 per square metre and an improved land rate of $1,873 per square metre.

McGrath said the property was offered with a short-term lease, with Zone Bowling set to vacate by the end of the year and noted “this created a rare opportunity for immediate occupation on a high-profile site with exceptional exposure to over 62,000 vehicles per day.

“There was strong interest from multiple retail operators and developers seeking to secure a foothold in this tightly held precinct.”

General Public Managing Director Harry Kourbeis said the group was excited to reimagine the landmark site and enthused “We’re absolutely delighted to have secured such a high-profile location. The fact the site has operated as a bowling venue since 1964 only enhances the opportunity to breathe new life into the existing offering.”

More information on General Public