10/1 The Promenade, South Morang, VIC 3752 | Commercial for sale | OnTheHouse
FOR SALE
EOI $410,000 to $450,000

10/1 The Promenade
South Morang VIC 3752

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 77m2
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NAIL THIS BEAUTY !

- Leased Commercial Investment Opportunity
- Superbly positioned shop of 77 sqm in the busy Promenade, Mill Park Lakes/South Morang estate
- Close proximity to the South Morang Station, Bus Transport, and Plenty Valley Shopping Centre
- Currently set up as a nail and beauty salon
- Two separate treatment rooms and a kitchenette
- Heating and cooling throughout
- Ample customer parking
- Mixed-use zoning
- Lease details:
- Current 2 year lease term from 1.7.2025
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Property Details for 10/1 The Promenade, South Morang

Building Type
Commercial
Floor Size
77m2
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About South Morang 3752

The size of South Morang is approximately 21.0 square kilometres. It has 70 parks covering nearly 37.1% of total area. The population of South Morang in 2016 was 24060 people. By 2021 the population was 24989 showing a population growth of 3.9% in the area during that time. The predominant age group in South Morang is 40-49 years. Households in South Morang are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Morang work in a professional occupation.In 2021, 76.00% of the homes in South Morang were owner-occupied compared with 76.90% in 2016.

South Morang has 11,331 properties. Over the last 5 years, Houses in South Morang have seen a 29.09% increase in median value, while Units have seen a 33.15% increase. As at 31 October 2025:

  • The median value for Houses in South Morang is $867,649 while the median value for Units is $575,332.
  • Houses have a median rent of $570 while Units have a median rent of $520.
There are currently 40 properties listed for sale, and 26 properties listed for rent in South morang on OnTheHouse. According to Cotality's data, 480 properties were sold in the past 12 months in South morang.

Suburb Insights for South Morang 3752

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John Kalpakis
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Mitch Kalpakis
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.