116 Moray StreetSouth Melbourne VIC 3205
Property Details for 116 Moray St, South Melbourne
Last Listing description (August 2023)
116 Moray Street, South Melbourne, presents a unique owner-occupier opportunity with development potential.
This prime property, located in a tightly held precinct, offers approximately 191m2 of Commercial 2 zoned land. With a substantial frontage of 7.6m on Moray Street and a rectangular site shape with a depth of 25.1m, the building enjoys high visibility on the prominent corner of Ross Street.
Key features of the property include:
Three street frontages
Commercial 2 zoning
This property is ideal for astute investors, developers, or potential owner-occupiers seeking a prime location in South Melbourne. Don't miss out on this rare opportunity to acquire a highly sought-after piece of real estate in this desirable area.
Contact our appointed agents today for an inspection!
Property History for 116 Moray St, South Melbourne, VIC 3205
- 18 Jul 2023Sold for $2,000,000
- 19 May 2023Listed for Sale Contact Agent
- 12 Oct 1976Sold for $22,000
Recent sales nearby
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0About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. It has 15 parks covering nearly 3.3% of total area. The population of South Melbourne in 2016 was 10920 people. By 2021 the population was 11548 showing a population growth of 5.8% in the area during that time. The predominant age group in South Melbourne is 30-39 years. Households in South Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in South Melbourne work in a professional occupation.In 2021, 42.40% of the homes in South Melbourne were owner-occupied compared with 40.20% in 2016.
South Melbourne has 12,880 properties. Over the last 5 years, Houses in South Melbourne have seen a 8.14% increase in median value, while Units have seen a 6.21% increase. As at 31 December 2025:
- The median value for Houses in South Melbourne is $1,743,660 while the median value for Units is $637,243.
- Houses have a median rent of $720 while Units have a median rent of $650.
Suburb Insights for South Melbourne 3205
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