156 Moray StreetSouth Melbourne VIC 3205
Property Details for 156 Moray St, South Melbourne
Last Listing description (November 2023)
Lemon Baxter is delighted to present two separate buildings at 156-158 Moray Street, South Melbourne, for sale via Expression of Interest closing Wednesday 6th December at 12pm
This property offers a unique and rare opportunity in a highly sought-after area of South Melbourne. Boasting a total land area of 191 sqm, with two separate allotments, 156 Moray Street and 158 Moray Street, each with their own distinct floor areas.
Situated in a prime location with approximately 11.4m frontage to Moray Street, this property is perfect for businesses seeking visibility and accessibility in a thriving commercial district.
PROPERTY HIGHLIGHTS
| Total Land Area: 191 sqm*
| Floor Area: 196 sqm*
| A generous 11.4m frontage to Moray Street
| Flexible zoning: Commercial 2 Zone
Note: 156 Moray Street is on a monthly rental arrangement with 90 days notice to vacate, while 158 Moray Street is on a month by month basis.
For more information or to arrange an inspection, please contact Lemon Baxter.
*Approximately
Property History for 156 Moray St, South Melbourne, VIC 3205
- 27 Feb 2024Sold for $630,000
- 30 Oct 2023Listed for Sale Contact Agent
- 13 Feb 2011Listed for Sale $250,000
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About 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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