468 Neerim RoadMurrumbeena VIC 3163
Property Details for 468 Neerim Rd, Murrumbeena
Last Listing description (November 2023)
Belle Property Commercial is pleased to offer 468-474 Neerim Road, Murrumbeena for Private Sale.
This offering comprises a significant landholding of 795sqm* consisting of two (2) titles and a prominent frontage of 19 metres to Neerim Road.
Three (3) retail shops and rear warehouse component with a total building area of 958sqm*.
Current Income of $124,630* p.a net with four (4) high-performing established Tenants.
The opportunity presents itself to acquire a commanding Commercial 1 Zone (C1Z) landholding providing multiple development outcomes (STCA).
Situated in the heart of the Murrumbeena shopping strip, opposite the new Murrumbeena Train Station, close to Chadstone Shopping Centre, Monash University, and 15km* south east of the Melbourne CBD.
Inspections by appointment.
For more information please contact the exclusive sales and marketing agents:
Charles Carty 0438 277 050
charles.carty@belleproperty.com
Nick Mavrodoglos 0402 318 825
nick.mavro@belleproperty.com
*Approx.
Property History for 468 Neerim Rd, Murrumbeena, VIC 3163
- 27 Sep 2023Listed for Sale Contact Agent
- 05 Jun 1982Listed for Sale Not Disclosed
Recent sales nearby
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0About 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 5,775 properties. Over the last 5 years, Houses in Murrumbeena have seen a 0.08% increase in median value, while Units have seen a -6.41% decrease. As at 31 March 2026:
- The median value for Houses in Murrumbeena is $1,604,502 while the median value for Units is $587,089.
- Houses have a median rent of $770 while Units have a median rent of $500.
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