251 Moray StreetSouth Melbourne VIC 3205
Property Details for 251 Moray St, South Melbourne
251 Moray St, South Melbourne is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 46m2 and floor size of 3m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Last Listing description (March 2017)
Clever conversion creates ultimate flexibility with income stream - Currently three addresses on two titles over 340sqm approximately. The original workers of this 1920 s linen warehouse could barely have imagined the residential conversion of its generous proportions, let alone the tremendous opportunity it would one day provide. Retaining its rich period personality, inspired modern design has fashioned two independent residences and a separate office premises from its glorious beginnings. The result is an offering with unique lifestyle, investment or even redevelopment possibilities (STCA) on 340sqm approximately. Current total building area over the two titles is 508sqm approximately. Close to the CBD and only a short walk from Clarendon Street, trams, the South Melbourne Market, Albert Park and Botanic gardens. Zoned residential.
On one Title:
Number 251 Two bedroom townhouse on its own Title includes zoned open plan living and dining spaces with gas period style open fire, chic stainless steel kitchen with smeg appliances, two upstairs double bedrooms, one with OFP, fully tiled bathroom, handsome exposed brickwork and original polished timber floors, reverse cycle heating/ cooling.
Number 253 Office premises of approx. 158sqm features large reception, two meeting rooms, large open plan office with kitchenette, bathroom with additional powder room, reverse cycle heating/ cooling, hydronic heating, sunny landscaped courtyard, separate alarm and secure OSP via rear laneway. Current gross rental $5,892.69 pcm, plus10% GST.
Number 255 Warehouse conversion beautifully showcasing rich period character through voluminous gallery like spaces that include ground level entry with office access, two vast open plan living/ dining zones positioned upstairs with full family sized kitchen offering granite benchtops, smeg appliances and front row Eureka Tower views. A flexible configuration currently includes one large bedroom featuring ensuite access to bathroom with spa, attic storage easily converted to roof top terrace (STCA) with CBD views. Features soaring tongue and groove vaulted ceilings, exposed original brickwork and timber floors, hydronic heating, reverse cycle heating/ cooling, alarm. Building area 267sqm approximately.
Property History for 251 Moray St, South Melbourne, VIC 3205
- 21 Feb 2017Sold for $700,000
- 25 Jan 2017Listed for Sale Not Disclosed
- 03 Feb 2012Sold for $552,500
Recent sales nearby
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About 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.
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