1371 Murradoc Rd, St Leonards is a 1 bedroom, 1 bathroom House.
This exceedingly rare investment opportunity in the highly sought after retail hub of St Leonards offers a blank canvas & significant development potential (STCA).Key features include:* Vacant commercial premises with potential to build a second storey* Zoned Commercial 1 Zone* Site comprises 158m2 (approx.) with a 5.2m frontage* 101m2 (approx.) commercial shop space supported by two car-spaces at rear of allotment* Grease trap at the rear of shop* Previously operating as a hardware store for over 25 years* Highly connected through major arterial roads and immediate access to Vic Public Transport bus service* Ideally located amongst the vibrant retail hub of St Leonards on Murradoc Road with immediate proximity to an abundance of retail, commercial and recreational infrastructureCommercial premises are rare within the St Leonards township and this freehold opportunity offers a chance to gain access to a significant retail holding in the thriving St Leonards shopping hub. This offering provides an exciting opportunity to influence the future direction of the St Leonards retail centre and is truly a once in a lifetime opportunity.
The size of St Leonards is approximately 28.5 square kilometres. It has 13 parks covering nearly 9.9% of total area. The population of St Leonards in 2016 was 2480 people. By 2021 the population was 3542 showing a population growth of 42.8% in the area during that time. The predominant age group in St Leonards is 60-69 years. Households in St Leonards are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in St Leonards work in a professional occupation.In 2021, 73.30% of the homes in St Leonards were owner-occupied compared with 71.60% in 2016.
St Leonards has 5,635 properties. Over the last 5 years, Houses in St Leonards have seen a 15.89% increase in median value, while Units have seen a -0.57% decrease. As at 31 March 2026:
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