SOLD
Sold on 15 Feb 2024 for $375,000

77 Albert Street
Moe VIC 3825

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 112m2
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Property Details for 77 Albert St, Moe

Building Type
Commercial
Land Size
112m2
Local Government
Latrobe
Lot/Plan
3/LP124646

Last Listing description (August 2023)

PROPERTY ID: 249364 (quote when calling)

Large Shop in Moe for lease. Annual rent is $13772
Rent is $1147.70 per month. Rear lane access, with parking behind the shop.

The shop is located at 77 Albert st Moe. Prime CBD location with high visibility. Across the road from a very busy Hungry Jacks. Located next to a fish & chip shop, bank, pathology centre and massage shop. High foot traffic and passer-by location.
Large retail shop area in the front. Back room with amenities- kitchenette and inside toilet. Vinyl Plank Flooring installed in the front of the shop. 2 Large front windows. Rear access and car parking.
Brand new split system installed.
Rates $1300.45 per year and water $338.69 per quarter to be paid by tenant. Building insurance to be obtained by tenant.
Annual 3 % increase.
The shop over the decades has previously been a clothing shop, travel agent, party supplies and for the last 13 years it has been a Hair salon. The shop is available now. Inspections available. Lease is approx 14 months, then further options of 3x 2 years.

Property History for 77 Albert St, Moe, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$375,000
15 Feb 2024
Listed for Rent
$14k/w
09 Aug 2023
  • 15 Feb 2024
    Sold for $375,000
  • 23 Mar 2023
    Listed for Rent - Price not available
  • 07 Nov 2020
    Transferred
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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 6,424 properties. Over the last 5 years, Houses in Moe have seen a 66.04% increase in median value, while Units have seen a 57.44% increase. As at 31 October 2024:

  • The median value for Houses in Moe is $347,988 while the median value for Units is $275,897.
  • Houses have a median rent of $380 while Units have a median rent of $280.
There are currently 58 properties listed for sale, and 6 properties listed for rent in Moe on OnTheHouse. According to CoreLogic's data, 240 properties were sold in the past 12 months in Moe.

Suburb Insights for Moe 3825

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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.