15 Morrissey St, Glen Iris is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1967. The property has a land size of 1174m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Prime Development Opportunity! 1174m² Zoned R15 – 2 Houses on one block - Separately metered!
Land Area: 1174m²
House 1: Built in 1967
3 Bedrooms
1 Bathroom
Cozy and comfortable layout
Split system airconditioner
6m x 6m Powered Workshop
Currently leased till June 2025 at $270 per week with the potential to increase at the end of the tenancy to $500/week.
House 2: Built in the 2005
3 Bedrooms
2 Bathrooms
Spacious living areas
Extra storage in the carport
Split system airconditioner
Currently leased till February 2025 at $340 per week with the potential to increase at the end of the tenancy to $500/week.
Both homes are perfect for dual occupancy after June 2025 or rental income while you explore development options.
Excellent location with easy access to local amenities, schools, and public transport
Ideal for investors or developers looking for future potential
Ample land size with R15 zoning flexibility for development
This is a rare chance to secure a large block with existing residences and future growth potential. Don't miss out!
Feel free to let me know if you'd like to add any other details!
NB: Photos are the interior of the 3 x 2 dwelling at the back of the property.
Shire Rates $4,888.18 per annum $2,444.09 per dwelling
Water Rates: $2,563.06 Per annum $1,281.53 per dwelling
The size of Glen Iris is approximately 4.9 square kilometres. It has 6 parks covering nearly 1.7% of total area. The population of Glen Iris in 2016 was 3003 people. By 2021 the population was 3143 showing a population growth of 4.7% in the area during that time. The predominant age group in Glen Iris is 30-39 years. Households in Glen Iris are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Glen Iris work in a trades occupation.In 2021, 69.00% of the homes in Glen Iris were owner-occupied compared with 68.80% in 2016.
Glen Iris has 1,541 properties. Over the last 5 years, Houses in Glen Iris have seen a 108.15% increase in median value, while Units have seen a 126.39% increase. As at 28 February 2026:
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