112 Moray StreetSouth Melbourne VIC 3205
Property Details for 112 Moray St, South Melbourne
Last Listing description (July 2024)
The perfect home-office-showroom combo awaits.
Superbly located in a super convenient city fringe location, this modern light-filled property is ideal for the buyer looking for flexibility for both residential and or commercial use. Under the caretakers permit, a residential component is allowed and given the location, offers a great spot to live.
Positioned in a fast developing pocket of South Melbourne between the vibrancy of Clarendon Street and the city, this is a superb opportunity to combine both a residential-workspace or fully utilise the whole property for a small business where are your own landlord....
Enjoying its own street frontage, this substantial property offers approximately 255sqm of internal space plus a full width terrace of 28sqm.
With the bonus of a double lock-up garage for ease of parking and in and out distribution, this is a super opportunity that is very hard to find in the market.
To suit a variety of uses that includes office, showroom distribution, personal training, consulting and so much more.
Inspect now to see the opportunity. Priced to sell.
Property History for 112 Moray St, South Melbourne, VIC 3205
- 24 May 2024Sold for $1,450,000
- 01 Nov 2023Listed for Sale Contact Agent
- 30 Jun 2020Listed for Rent - Price not available
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0About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2011 was 9,317 people. By 2016 the population was 10,892 showing a population growth of 16.9% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation. In 2011, 44.8% of the homes in South Melbourne were owner-occupied compared with 40.2% in 2016.
South Melbourne has 11,163 properties. Over the last 5 years, Houses in South Melbourne have seen a 9.87% increase in median value, while Units have seen a 2.12% increase. As at 31 October 2024:
- The median value for Houses in South Melbourne is $1,619,416 while the median value for Units is $605,499.
- Houses have a median rent of $700 while Units have a median rent of $625.
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