Property Details for 2-4 George St, Moe
Last Listing description (February 2024)
Landmark Moe Property Offering Rare Opportunity
Positioned on a gilt-edged corner site opposite the newly constructed Latrobe City Council office complex these six retail shops on a single 852sqm approx title offers a better than 6% yield and instant income from day one.
Long established tenancies with tenants paying all outgoings and a combined rental income amount of $76,065 pa Plus GST.
Considered Moe's prime position in a tightly held commercial centre these opportunities are not only rare but sought after by first time or experienced investors.
Short walking distance to train station, major banks, and retailers with exceptional future re-development (S.T.C.A) including high density possibilities.
Optional Site - 48 George Street
* 1,311sqm approx Commercial zoned re-development site
* Main road frontage and rear lane access
* Extensive adjoining carpark area
Total combined land area of both sites 2,162 sqm approx.
Property History for 2-4 George St, Moe, VIC 3825
- 13 Mar 2025Sold - Price Undisclosed
- 14 Dec 2022Listed for Sale $1,250,000 Excluding GST
- 27 Apr 2022Sold for $750,000
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0About Moe 3825
The size of Moe is approximately 18.2 square kilometres. It has 28 parks covering nearly 7.1% of total area. The population of Moe in 2016 was 8778 people. By 2021 the population was 9375 showing a population growth of 6.8% in the area during that time. The predominant age group in Moe is 60-69 years. Households in Moe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moe work in a trades occupation.In 2021, 61.40% of the homes in Moe were owner-occupied compared with 61.30% in 2016.
Moe has 6,644 properties. Over the last 5 years, Houses in Moe have seen a 66.92% increase in median value, while Units have seen a 86.07% increase. As at 31 March 2026:
- The median value for Houses in Moe is $454,630 while the median value for Units is $308,626.
- Houses have a median rent of $410 while Units have a median rent of $300.
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