116 Maribyrnong RoadMoonee Ponds VIC 3039
Property Details for 116 Maribyrnong Rd, Moonee Ponds
Last Listing description (July 2023)
WELL POSITIONED AND AFFORDABLE INVESTMENT, WITH UPSIDE
FEASIBILITY STUDY COMPLETED FOR 6 APARTMENTS + GROUND FLOOR RETAIL DEVELOPMENT
CURRENTLY LEASED TO ESTABLISHED REMEDIAL MASSAGE TENANT
Jellis Craig are pleased to offer for sale this well positioned double story shop and dwelling with duel access via ROW.
Primed for capital improvement in the future with its commercial 1 zoning and suitable for a variety of uses (STCA), this flexible commercial property is ideally positioned on Maribyrnong Road near the corner of Union Road and within meters of national retailers such as Woolworths, IGA Xpress, Australia Post, CorePlus Pilates, multiple cafes, restaurants and retail stores, and enjoying the convenience of being easily accessible by tram, train and bus public transport options!
Features:
- Land area: 233 sqm (approx.)
- Building area: 185 sqm (approx.)
- Open plan waiting room with reception
- Four (4) treatment rooms / bedrooms
- Kitchen + dining area
- Separate toilet + bathroom
- Rear courtyard
- Double garage off ROW
- Tram, train and bus public transport options
- Just 6km (approx.) from Melbourne CBD
- Commercial 1 zoning
- Potential for redevelopment of up to 5 levels (STCA)
- Feasibility study completed for 6 apartments + ground floor retail development
- Future re-development potential + suitable for variety of uses (STCA)
Please contact the exclusive sales and marketing agents for further information.
Property History for 116 Maribyrnong Rd, Moonee Ponds, VIC 3039
- 14 Feb 2025Sold for $900,000
- 26 May 2023Listed for Sale Contact Agent
- 29 Mar 2014Listed for Rent - Price not available
Recent sales nearby
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About Moonee Ponds 3039
The size of Moonee Ponds is approximately 4.4 square kilometres. It has 20 parks covering nearly 17.0% of total area. The population of Moonee Ponds in 2016 was 14250 people. By 2021 the population was 16224 showing a population growth of 13.8% in the area during that time. The predominant age group in Moonee Ponds is 30-39 years. Households in Moonee Ponds are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Moonee Ponds work in a professional occupation.In 2021, 58.90% of the homes in Moonee Ponds were owner-occupied compared with 60.30% in 2016.
Moonee Ponds has 11,061 properties. Over the last 5 years, Houses in Moonee Ponds have seen a 18.44% increase in median value, while Units have seen a 13.96% increase. As at 31 October 2025:
- The median value for Houses in Moonee Ponds is $1,656,749 while the median value for Units is $617,808.
- Houses have a median rent of $675 while Units have a median rent of $550.
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