491 Mt Alexander RoadMoonee Ponds VIC 3039
Property Details for 491 Mt Alexander Rd, Moonee Ponds
Last Listing description (March 2026)
WP Real Estate is pleased to offer 491 Mt. Alexander Road Moonee Ponds via Auction Thursday 23rd April at 1pm.
Perfectly poisoned on the corner of Elizabeth Street and Mt. Alexander Road this prominent building offers you huge exposure as an owner occupier or for your commercial tenant. This unique opportunity to have a dual income or occupy or develop subject to council approval is an opportunity not to be missed.
The property benefits from exceptional main road exposure with constant passing traffic and strong pedestrian activity, while being only moments from the vibrant Puckle Street retail and hospitality precinct.
491 Mt Alexander Road boasts a ground floor retail shop space fitted out beautifully for hospitality ready to make your mark in Moonee Ponds. It is complemented with an adjoining 1-bedroom residence with its own independent access.
Situated on 212m2 of Commercial 1 Zoning 491 Mt. Alexander offers scope to extend upstairs to cater for more office space/residential subject to council approval. Only approximately 6km from the Melbourne CBD, the location continues to experience strong growth driven by surrounding residential density, retail activity and excellent public transport connections, including Tram Route 59 directly along Mt Alexander Road.
For a private tour to appreciate what is on offer, please call:
Adam Farrugia: 0405 277 061
Property History for 491 Mt Alexander Rd, Moonee Ponds, VIC 3039
- 23 Mar 2026Listed for Sale Contact Agent for more information!
- 01 Sep 1985Sold for $81,000
- 18 Jun 1982Sold for $68,000
Recent sales nearby
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0About 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 11,067 properties. Over the last 5 years, Houses in Moonee Ponds have seen a 4.83% increase in median value, while Units have seen a 10.08% increase. As at 31 March 2026:
- The median value for Houses in Moonee Ponds is $1,590,713 while the median value for Units is $620,586.
- Houses have a median rent of $725 while Units have a median rent of $560.
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