Morris Moor Fully Leased: A Landmark Moment in Adaptive Reuse and Precinct Activation

In a landmark achievement for UP Property and Melbourne’s commercial property landscape, Morris Moor has officially reached full occupancy with the signing of its final office lease in welcoming flexible workspace provider Waterman to the celebrated Moorabbin precinct. 

The news marks the culmination of an ambitious adaptive reuse project that began with a vision to transform a former factory into a vibrant destination precinct. Now celebrating 70 years since the site’s original opening, Morris Moor has become a benchmark for sustainable regeneration, with nearly 55,000 sqm of space leased to some of Australia’s most recognised brands. 

“Morris Moor is now home to household names including New Balance, CLIK Collective, Archie Brothers, Penny for Pound and Stomping Ground,” said Marcus Jankie, Managing Director at UP Property. “This latest lease to Waterman is the final piece of the puzzle, bringing us to full occupancy and reaffirming our belief in the precinct’s unique value.” 

Over the past 18 months, more than 14,000 sqm has been leased, an impressive uptake that reflects the precinct’s appeal as a hub for innovation, lifestyle and sustainability. Every commercial office tenant from UP Property’s first refurbished building, M1, has renewed their lease at term end, demonstrating exceptional tenant retention underpinned by strong relationships and an adaptive, community-focused strategy. 

“This milestone validates our long-term commitment to regenerating Morris Moor and making it a place people want to be,” Jankie said. “UP Property took a multimillion-dollar risk on adaptive reuse—and it’s paid dividends. The precinct is living proof that sustainability and commercial viability can coexist.” 

UP Property’s bold approach to precinct-scale regeneration has been recognised nationally, with state and industry awards highlighting the Morris Moor project’s architectural, environmental and social merits. As the precinct enters its next phase, plans are underway to further evolve its community-driven approach, ensuring it remains responsive to a dynamic commercial property market.