Crabtrees Real Estate are pleased to offer to the market for Sale 504 Neerim Road, Murrumbeena.
This well preserved older style showroom/warehouse/factory of 810 sqm* sits on a site of 810 sqm* in a tightly held location with future potential for multilevel mixed use development (STCA) offering a rare and exciting opportunity to invest or occupy now and develop later.
Key Features:
Located in a prime position in Murrumbeena surrounded by new shops, restaurants and apartments this is an opportunity to make your mark in one of Melbourne's most sought after locations.
Murrumbeena is one of Melbourne's up and coming suburbs that has seen major change and redevelopment. Only minutes from Chadstone Shopping Centre and Monash Caulfield Campus, it also boasts a newly upgraded train station which is complemented by public bus services.
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
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 5,774 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:
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