256-258 Moray StreetSouth Melbourne VIC 3205
Property Details for 256-258 Moray St, South Melbourne
Last Listing description (September 2021)
Prime two (2) storey freehold building providing in excess of 513sqm* building area and 314sqm* of land area
An Iconic bayside corner hotel with vast street frontages to both Park Street and Moray Street
Short term net income of $100,000* + GST with no further options
Fully renovated providing multiple seating areas including rooftop deck and function areas
Highly favourable Mixed Use Zone providing for future development potential (STPA)
Located only 2.5km* from the Melbourne CBD within the fast growing South Melbourne area benefiting from a number of large scale residential and commercial developments in the immediate area
Highly accessible by all forms of public transport including tram
stops less than 20m* away, direct access to Kings Way and
West Gate Freeway
EXPRESSIONS OF INTEREST NOW CLOSED
For more information, please contact the sales and marketing agents:
CBRE
JUSTIN DOWERS
+61 438 098 805
BURGESS RAWSON
NICK BREHENY
+61 408 155 587
TERRY BOARD
+61 407 886 658
*approx
Property History for 256-258 Moray St, South Melbourne, VIC 3205
- 24 Jul 2020Listed for Rent $85,000 / year
- 14 Nov 2017Sold for $4,000,000
- 03 Oct 2017Listed for Sale EXPRESSIONS OF INTEREST NOW CLOSED
Recent sales nearby
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0About South Melbourne 3205
The size of South Melbourne is approximately 2.2 square kilometres. There are 15 parks, covering nearly 3.3% of the 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 12,940 properties. Over the last 5 years, Houses in South Melbourne have seen a -4.88% decrease in median value, while Units have seen a -0.82% decrease. As at 31 July 2026:
- The median value for Houses in South Melbourne is $1,699,133 while the median value for Units is $613,169.
- Houses have a median rent of $850 while Units have a median rent of $675.
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