229A Murrumbeena RoadMurrumbeena VIC 3163
Property Details for 229a Murrumbeena Rd, Murrumbeena
Last Listing description (February 2023)
Murrumbeena's best kept secret is also the best value in this retail strip.
- Well-presented shopfront & residence on a total landholding of 215sqm*
- Excellent proportions and easy rear-lane access
- Neat 2-storey 2 bedroom, 1.5 bathroom residence
- Domestic kitchen, bathroom facilities each level
- Generous double auto-garage from wide rear lane
- Well-utilised land with space & scope to develop further
- New 5 year lease (from 1 July 2022) at $35,000pa
- Well-supported community strip with a well-balanced retail mix
- Central take-away business, alongside supermarket, hairdresser, caf & pharmacy
- 200m to Duncan McKinnon Reserve & major sport facilities
- Close to Koornang & Murrumbeena Rd hospitality strips
- Established & evolving locale of family homes & new townhouses
Invest today, improve tomorrow, splash out & develop when the time is right!
For further details or to arrange an inspection please do not hesitate to contact our office.
*NB All prices exclude GST unless otherwise stated and all sizes are approximate.
The core focus of DBRE is industrial, commercial and retail property.
Between us we offer over 75 years experience in the commercial and industrial property markets with intricate knowledge of Melbourne's south east corridor.
Please feel free to contact us to discuss your commercial property needs.
Property History for 229a Murrumbeena Rd, Murrumbeena, VIC 3163
- 14 Oct 2022Listed for Sale Contact Agents
- 13 Aug 1999Sold for $110,000
- 20 Jun 1979Sold for $43,500
Recent sales nearby
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About Murrumbeena 3163
The size of Murrumbeena is approximately 2.6 square kilometres. It has 8 parks covering nearly 9.6% of total area. The population of Murrumbeena in 2016 was 9926 people. By 2021 the population was 9996 showing a population growth of 0.7% in the area during that time. The predominant age group in Murrumbeena is 30-39 years. Households in Murrumbeena are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murrumbeena work in a professional occupation.In 2021, 61.60% of the homes in Murrumbeena were owner-occupied compared with 59.50% in 2016.
Murrumbeena has 5,765 properties. Over the last 5 years, Houses in Murrumbeena have seen a 19.31% increase in median value, while Units have seen a -1.05% decrease. As at 30 November 2025:
- The median value for Houses in Murrumbeena is $1,722,104 while the median value for Units is $600,007.
- Houses have a median rent of $650 while Units have a median rent of $495.
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