229-231 Moray Street, South Melbourne, VIC 3205

Offices

Sold

  • Property ID: 431661
  • Floor Area: 390m²
  • Land Area: 190m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 09/05/2024 390m2 190m2 Contact Agent
Prominent South Melbourne Building with On-site Parking for 5 Vehicles & Rear Street Access

Stonebridge Property Group is pleased to present for sale 229-231 Moray Street, South Melbourne.

A prime city fringe freehold office building that represents the ultimate opportunity for an owner occupier to own vs lease or an astute investor to add to their portfolio.

Key highlights of the opportunity include:

- Two level 390 sqm* building with rear 5 car garage and commercial 2 zoning providing scope for a variety of uses

- Fully refurbished building with all necessary amenities including DDA compliant bathrooms, end of trip facilities Security System, fingerprint door access, Cat 6 data cabling and heating/cooling throughout and natural light on 2 sides

- Office space ideal for the owner occupation of businesses including graphic designers, marketing agencies, architects, builders, developers, sound studios, family offices, engineers, film, sound studios, fashion agencies and more

- Commanding 190 sqm* landholding with 8.2m frontage to both Moray Street and Emerald Way

- Zoning allows for a height limit on the site of 6 levels creating the opportunity for future development upside or longer term exit strategy

- Rare opportunity to secure a freehold office building in Melbourne most in demand city fringe suburb – South Melbourne

To obtain further information, please contact the exclusive selling agents, Stonebridge Property Group.


Dylan Kilner
0459 396 341

Max Warren
0488 296 892

*Approximately

Property Code: 677

South Melbourne Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $6988 $269 3.85%
Offices $6076 $526 8.66%
Retail $10124 $255 2.52%
This is the average advertised price, rent and yield for South Melbourne, VIC 3205*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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