FOR SALE
$150,000

4/36 May Street
Moe VIC 3825

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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For The Opportunist...

Welcome to a fantastic opportunity in the heart of Moe, where convenience, comfort, and potential await!
Not only is Moe known for its easy-to-navigate CBD, excellent access to services and amenities, and a wealth of sporting facilities, parks, and recreational attractions, but it's also a great place to begin your homebuying or investment journey. Unit 4/36 May Street, Moe, offers an affordable entry into the property market with a cozy yet functional space, perfect for singles, couples, or savvy investors.
Though compact in size, this 1-bedroom, 1-bathroom unit delivers everything you need for comfortable living. The open-plan living area is equipped with a gas space heater and split-system air conditioning, ensuring comfort throughout the year. The laminate kitchen offers plenty of bench space and features electric cooking, making meal prep a breeze. The spacious bedroom comes with built-in robes for ample storage, while the combined bathroom and laundry are complemented by gas hot water for added convenience.
Positioned as the rear unit in a block of four, you'll appreciate the peaceful atmosphere and the shared communal yard space. Just over 1km from Moe's vibrant town center, you can easily walk to shops, cafes, medical facilities, and the Moe train station, or hop on the bus with a stop just around the corner for added convenience.
For investors, this property offers an excellent opportunity, with an estimated rental return of $250 per week, providing an impressive 8% yield. Whether you're looking to get your foot in the door of the property market or seeking a solid addition to your investment portfolio, 4/36 May Street, Moe, is the perfect choice!
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Property Details for 4/36 May St, Moe

4/36 May St, Moe is a 1 bedroom, 1 bathroom Unit. The place is currently for sale with Enrich Realty Gippsland .

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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 6,417 properties. Over the last 5 years, Houses in Moe have seen a 71.74% increase in median value, while Units have seen a 58.58% increase. As at 30 September 2024:

  • The median value for Houses in Moe is $353,324 while the median value for Units is $274,612.
  • Houses have a median rent of $365 while Units have a median rent of $280.
There are currently 56 properties listed for sale, and 6 properties listed for rent in Moe on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Moe.

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