14 Margaret StreetMoonee Ponds VIC 3039
Property Details for 14 Margaret St, Moonee Ponds
Last Listing description (November 2023)
Stonebridge Property Group is pleased to present for sale 14-20 Margaret Street, Moonee Ponds.
The key highlights of the opportunity include:
- 14-20 Margaret Street stands as a flexible freehold investment with unrivalled fundamentals and untapped future possibilities
- Comprising 4 separate titles and providing a diverse annual passing income of $228,543* + GST with significant growth potential
- The commanding freehold spans 920 sqm* of building area, benefits from highly convenient rear access to busy council car park and enjoys 84 m* of combined retail exposure
- 662 sqm* of underlying land coupled with Activity Centre zoning, corner frontage and significant examples of height precedent provides encouraging scope for future development (STCA)
- A flexible level 1 space supports income growth potential with the area suited to retail, office or residential uses
- Positioned in the Moonee Ponds Activity Centre Zone which has experienced an influx of high-density residential developments bolstering local retail activity
- Direct frontage to the Moonee Ponds Train Station utilised by 858,700^ commuters annually providing constant foot traffic and valuable property exposure
- Moonee Ponds is the Moonee Valley City Council's fastest growing suburb with an expected population growth of 75% by 2041
14-20 Margaret Street, Moonee Ponds is offered for sale via Expressions of Interest closing Thursday 30th November 2023 at 3:00pm (AEDT). To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0448 782 594
Sarah Xi
0468 320 297
Rorey James
0439 400 081
*Approximately
^ As at 2018-2019 FY
Property Code: 801
Property History for 14 Margaret St, Moonee Ponds, VIC 3039
- 22 Dec 2023Sold for $2,754,000
- 27 Oct 2023Listed for Sale Contact the Stonebridge Team
- 31 May 2016Listed for Rent - Price not available
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About Moonee Ponds 3039
The size of Moonee Ponds is approximately 4.4 square kilometres. It has 20 parks covering nearly 17% of total area. The population of Moonee Ponds in 2011 was 13,531 people. By 2016 the population was 14,256 showing a population growth of 5.4% in the area during that time. The predominant age group in Moonee Ponds is 30-39 years. Households in Moonee Ponds are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Moonee Ponds work in a professional occupation. In 2011, 64.5% of the homes in Moonee Ponds were owner-occupied compared with 60.3% in 2016.
Moonee Ponds has 10,479 properties. Over the last 5 years, Houses in Moonee Ponds have seen a 18.31% increase in median value, while Units have seen a 5.48% increase. As at 31 October 2024:
- The median value for Houses in Moonee Ponds is $1,544,065 while the median value for Units is $594,680.
- Houses have a median rent of $680 while Units have a median rent of $540.
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