FOR SALE
$859,000

15 Langford Street
Moe VIC 3825

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The Brief: Character-Filled Investment Opportunity in Central Moe

It's Addressed:
Nestled in the heart of historic Moe, this unique 8-bedroom property combines timeless charm with the practicality of a high-performing investment. Perfect for investors seeking solid rental income and development potential, this character-filled rooming house offers a rare opportunity in a high-demand market.
Boasting a spacious layout, the property features eight bedrooms, multiple living areas, and generous communal spaces that cater perfectly to tenant needs. Its distinctive architectural design adds to its appeal, creating a welcoming atmosphere that stands out in the rental market. With the property already generating a substantial rental income of $99,072 per annum, it’s an ideal choice for those seeking a lucrative, low-risk addition to their portfolio.
The historic nature of this building also presents an exciting opportunity for further development. With thoughtful renovations or modernization, you can enhance its value and appeal while retaining its unique character—a perfect blend of past and present for the discerning investor.
Positioned in a well-established residential area, this property offers unrivaled convenience, with easy access to local amenities, schools, and public transport. Its central location ensures high demand from tenants, particularly those drawn to Moe’s historic charm and proximity to major transport links, including the freeway.
Don’t miss the chance to own this exceptional property steeped in Moe’s history. Contact us today to arrange an inspection and explore the potential of this remarkable investment opportunity.
For more Real Estate in Moe contact your Area Specialist.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property Details for 15 Langford St, Moe

Building Type
Commercial

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About Moe 3825

The size of Moe is approximately 18.2 square kilometres. It has 28 parks covering nearly 7.1% of total area. The population of Moe in 2011 was 8,750 people. By 2016 the population was 8,792 showing a population growth of 0.5% in the area during that time. The predominant age group in Moe is 60-69 years. Households in Moe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moe work in a trades occupation. In 2011, 61.2% of the homes in Moe were owner-occupied compared with 61.3% in 2016.

Moe has 6,486 properties. Over the last 5 years, Houses in Moe have seen a 68.24% increase in median value, while Units have seen a 58.24% increase. As at 30 November 2024:

  • The median value for Houses in Moe is $355,323 while the median value for Units is $277,589.
  • Houses have a median rent of $380 while Units have a median rent of $280.
There are currently 54 properties listed for sale, and 11 properties listed for rent in Moe on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Moe.

Suburb Insights for Moe 3825

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Luke Woodham
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AREA SPECIALIST KEYSBOROUGH
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.